Global S&T Development Trend Analysis Platform of Resources and Environment
Research and innovation policies and productivity growth | |
Reinhilde Veugelers | |
2021-05-10 | |
出版年 | 2021 |
国家 | 欧洲 |
领域 | 资源环境 |
英文摘要 |
This Working Paper is an output from the MICROPROD project, We review the evidence on the impact of public intervention on private research and innovation, and how research and innovation and R&I policies affect growth in the applied macro models most commonly used in European Union policy analysis. The evidence suggests that R&I grants and R&I tax credits can have positive effects in terms of stimulating investment in innovation. In terms of the impact of public R&I interventions on economy-wide GDP growth and jobs, the available applied macro models predict positive effects over the long term. It therefore takes time before short-term negative effects associated with reallocations of high-skilled labour from other productive activities to generate the extra innovations, and the negative effects from displacing older, more labour-intensive production processes, are compensated for. To the question of whether R&I policies can serve to power growth, the answer can only be a timid yes at this stage. R&I policies certainly have the potential, but still too little is known of what drives their actual effects. More micro and macro evaluations are still needed. Recommended citation: Veugelers, R. (2021) ‘Research and innovation policies and productivity growth’, Working Paper 08/2021, Bruegel |
URL | 查看原文 |
来源平台 | Bruegel |
文献类型 | 科技报告 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/326866 |
专题 | 资源环境科学 |
推荐引用方式 GB/T 7714 | Reinhilde Veugelers. Research and innovation policies and productivity growth,2021. |
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