Mapping the two faces of R&D: Productivity growth in a panel of OECD industries

被引：716

作者：

Griffith, R ^{[1
]}

Redding, S

Van Reenen, J

机构：

[1] Inst Fiscal Studies, London, England

[2] UCL, London WC1E 6BT, England

[3] London Sch Econ, London, England

来源：

REVIEW OF ECONOMICS AND STATISTICS | 2004年 / 86卷 / 04期

关键词：

D O I：

10.1162/0034653043125194

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

Many writers have claimed that research and development (R&D) has two faces. In addition to the conventional role of stimulating innovation, R&D enhances technology transfer (absorptive capacity). We explore this idea empirically using a panel of industries across twelve OECD countries. We find R&D to be statistically and economically important in both technological catch-up and innovation. Human capital also plays an major role in productivity growth, but we only find a small effect of trade. In failing to take account of R&D-based absorptive capacity, existing U.S.-based studies may underestimate the return to RD.

引用

页码：883 / 895

页数：13

共 51 条

[1] CATCHING UP, FORGING AHEAD, AND FALLING BEHIND [J].