| dc.contributor.author | DENTI, Chiara | |
| dc.date.accessioned | 2007-11-05T17:17:06Z | |
| dc.date.available | 2007-11-05T17:17:06Z | |
| dc.date.issued | 2006 | |
| dc.identifier.uri | http://hdl.handle.net/1814/7532 | |
| dc.description.abstract | We introduce the distinction between basic research and development
nside a standard horizontal innovation framework. Multi-stage R&D is
erformed by private agents only. Basic research has the highest level of
enerality, implying inter-sector spillovers. Development spillovers bene t
evelopment only. In this set up, the counterfactual scale effect character-
zing standard horizontal innovation literature disappears endogenously.
n terms of R&D policy, the model shows that the social optimum is
ttained by subsidizing only basic research. The implied scal policy on
R&D is consistent with US data on federal support to privately performed
R&D. | en |
| dc.language.iso | en | en |
| dc.relation.ispartofseries | Università degli Studi di Modena e Reggio Emilia, Dipartimento di Economia Politica, Materiali di discussione | en |
| dc.relation.ispartofseries | 536 | en |
| dc.title | Basic Research, Development and Endogenous Growth | en |
| dc.type | Working Paper | en |
| dc.neeo.contributor | DENTI|Chiara|aut| | |
| dc.neeo.contributor | DENTI|Chiara|aut| | |
| eui.subscribe.skip | true | |