Working Paper


J. Peter Neary



r d spillovers strategic trade and industrial policy research joint ventures o31 absorptive capacity f13 absorptive capacity economics f12 research and development partnership developing countries r d cooperative agreements research industrial developing countries developing countries economic policy industrial productivity developing countries

R&D in developing countries : what should governments do? (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.
Collections Ireland -> University College Dublin -> Economics Working Papers & Policy Papers
Ireland -> University College Dublin -> School of Economics
Ireland -> University College Dublin -> College of Social Sciences and Law

Full list of authors on original publication

J. Peter Neary

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J. Peter Neary
University College Dublin
Total Publications: 79