R&D in developing countries : what should governments do?

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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
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
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Status of Item: Not peer reviewed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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