Is Public R&D; a Complement or Substitute for Private R&D;? A Review of the Econometric Evidence.
Is public R&D; spending complementary and thus "additional" to private R&D; spending, or does it substitute for and tend to "crowd out" private R&D;? Conflicting answers are given to this question. We survey the body of available econometric evidence accum...
| Main Authors: | , , |
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| Format: | Journal article |
| Language: | English |
| Published: |
Elsevier
2000
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