Spillovers in R&D activities: An empirical analysis of the Nordic countries

This paper analyzes the impact of public research and development (R&D) on private sector output. It is argued that giving away public R&D will increase the input supply of private R&D and, accordingly, will enlarge business sector output. A model based on panel data for all five Nordic...

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Bibliographic Details
Main Authors: Jan Bentzen, Valdemar Smith
Format: Article in Journal/Newspaper
Language:unknown
Subjects:
Norway
Iceland
Online Access:http://hdl.handle.net/10.1007/BF02296009
id ftrepec:oai:RePEc:kap:iaecre:v:7:y:2001:i:2:p:199-212:10.1007/bf02296009
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spelling ftrepec:oai:RePEc:kap:iaecre:v:7:y:2001:i:2:p:199-212:10.1007/bf02296009 2024-04-14T08:13:39+00:00 Spillovers in R&D activities: An empirical analysis of the Nordic countries Jan Bentzen Valdemar Smith http://hdl.handle.net/10.1007/BF02296009 unknown http://hdl.handle.net/10.1007/BF02296009 article ftrepec 2024-03-19T10:27:16Z This paper analyzes the impact of public research and development (R&D) on private sector output. It is argued that giving away public R&D will increase the input supply of private R&D and, accordingly, will enlarge business sector output. A model based on panel data for all five Nordic countries is estimated by a maximum likelihood procedure allowing for nonlinear relationships. The hypothesis is also tested within a cointegration methodology framework. Evidence is present concerning national spillovers from public R&D to private R&D in Denmark, Finland, and Iceland. For Norway and Sweden, international spillover effects seem to be more dominant. Copyright International Atlantic Economic Society 2001 Article in Journal/Newspaper Iceland RePEc (Research Papers in Economics) Norway
institution Open Polar
collection RePEc (Research Papers in Economics)
op_collection_id ftrepec
language unknown
description This paper analyzes the impact of public research and development (R&D) on private sector output. It is argued that giving away public R&D will increase the input supply of private R&D and, accordingly, will enlarge business sector output. A model based on panel data for all five Nordic countries is estimated by a maximum likelihood procedure allowing for nonlinear relationships. The hypothesis is also tested within a cointegration methodology framework. Evidence is present concerning national spillovers from public R&D to private R&D in Denmark, Finland, and Iceland. For Norway and Sweden, international spillover effects seem to be more dominant. Copyright International Atlantic Economic Society 2001
format Article in Journal/Newspaper
author Jan Bentzen
Valdemar Smith
spellingShingle Jan Bentzen
Valdemar Smith
Spillovers in R&D activities: An empirical analysis of the Nordic countries
author_facet Jan Bentzen
Valdemar Smith
author_sort Jan Bentzen
title Spillovers in R&D activities: An empirical analysis of the Nordic countries
title_short Spillovers in R&D activities: An empirical analysis of the Nordic countries
title_full Spillovers in R&D activities: An empirical analysis of the Nordic countries
title_fullStr Spillovers in R&D activities: An empirical analysis of the Nordic countries
title_full_unstemmed Spillovers in R&D activities: An empirical analysis of the Nordic countries
title_sort spillovers in r&d activities: an empirical analysis of the nordic countries
url http://hdl.handle.net/10.1007/BF02296009
geographic Norway
geographic_facet Norway
genre Iceland
genre_facet Iceland
op_relation http://hdl.handle.net/10.1007/BF02296009
_version_ 1796311667244531712

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