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R&D, public innovation policy, and productivity: The case of danish manufacturing

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  • Anders Sørensen
  • Hans Christian Kongsted
  • Mats Marcusson

Abstract

The purpose of this paper is to investigate the relationship between private R&D, public innovation support transferred to the private sector, and productivity in Danish manufacturing. Two main conclusions are established. First, public innovation support has a positive and significant effect on private R&D expenditures with an estimated elasticity of 0.062. Second, the indirect effect on productivity from public innovation support is reflected in a positive point estimate which is found to be robust to different specifications of R&D capital.

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  • Anders Sørensen & Hans Christian Kongsted & Mats Marcusson, 2003. "R&D, public innovation policy, and productivity: The case of danish manufacturing," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 12(2), pages 163-178.
    • Handle: RePEc:taf:ecinnt:v:12:y:2003:i:2:p:163-178
    DOI: 10.1080/10438590303126
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    2. Wolff, Guntram B. & Reinthaler, Volker, 2008. "The effectiveness of subsidies revisited: Accounting for wage and employment effects in business R&D," Research Policy, Elsevier, vol. 37(8), pages 1403-1412, September.
    3. José Ángel Zúñiga-Vicente & César Alonso-Borrego & Francisco J. Forcadell & José I. Galán, 2014. "Assessing The Effect Of Public Subsidies On Firm R&D Investment: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 28(1), pages 36-67, February.
    4. Sahoo, Bimal Kishore & Nauriyal, D.K., 2014. "Trends in and determinants of technical efficiency of software companies in India," Journal of Policy Modeling, Elsevier, vol. 36(3), pages 539-561.
    5. Spyros Arvanitis & Nora Sydow & Martin Woerter, 2005. "Is There Any Impact of University-Industry Knowledge Transfer on the Performance of Private Enterprises? - An Empirical Analysis Based on Swiss Firm Data," KOF Working papers 05-117, KOF Swiss Economic Institute, ETH Zurich.
    6. Marino, Marianna & Parrotta, Pierpaolo & Sala, Davide, 2010. "New Perspectives on the Evaluation of Public R&D Funding," Working Papers 11-2, University of Aarhus, Aarhus School of Business, Department of Economics.
    7. Varun Mahajan & D. K. Nauriyal & S. P. Singh, 2018. "Efficiency and Its Determinants: Panel Data Evidence from the Indian Pharmaceutical Industry," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 12(1), pages 19-40, February.
    8. Spyros Arvanitis & Nora Sydow & Martin Woerter, 2008. "Is there any Impact of University–Industry Knowledge Transfer on Innovation and Productivity? An Empirical Analysis Based on Swiss Firm Data," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 32(2), pages 77-94, March.

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