R&D in developing countries : what should governments do?
|Title:||R&D in developing countries : what should governments do?||Authors:||Neary, J. Peter||Permanent link:||http://hdl.handle.net/10197/3042||Date:||10-Nov-1999||Online since:||2011-07-25T13:58:47Z||Abstract:||I consider the implications of recent research for R&D policy in developing countries. Typical new growth models, which assume free entry and no strategic behaviour by R&D producers, are less appropriate for policy guidance than strategic oligopoly models. But the latter have ambiguous implications for targeted R&D subsidies, and caution against the anti-competitive effects of research joint ventures. A better policy is to raise the economy-wide level of research expertise. This avoids the need for governments to pick winners, is less prone to capture, and dilutes the strategic disincentive to undertake R&D with unappropriable spillovers.||Funding Details:||Not applicable||Type of material:||Working Paper||Publisher:||University College Dublin. School of Economics||Series/Report no.:||UCD Centre for Economic Research Working Paper Series; WP99/27||Keywords:||R&D spillovers; R&D cooperative agreements; Research Joint Ventures; Strategic trade and industrial policy; Absorptive capacity||Subject LCSH:||Developing countries--Economic policy
Research, Industrial--Developing countries
Industrial productivity--Developing countries
Research and development partnership--Developing countries
Absorptive capacity (Economics)
|Language:||en||Status of Item:||Not peer reviewed|
|Appears in Collections:||Economics Working Papers & Policy Papers|
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