The role of R&D and patent activity in economic growth: some empirical evidence

Marieke Rensman; Gerard H. Kuper

The role of R&D and patent activity in economic growth: some empirical evidence

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Abstract

This paper explains growth of labour productivity through (inter)national spillovers from R&D and patenting. We develop a formal model that is tested for Germany, France, the United Kingdom and the United States of America using a new set of panel data. The results indicate that, for the period 1957 until 1991, domestic R&D has an indirect and positive impact on productivity growth for the economy as a whole via technological catch up. For the period 1974–1991 we only find such a postive effect for French manufacturing.

Original language	English
Publisher	s.n.
Number of pages	43
Publication status	Published - 1999

Keywords

Research and Development
Octrooien
Arbeidsproductiviteit
Economische $groei
85.15;

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abstract = "This paper explains growth of labour productivity through (inter)national spillovers from R&D and patenting. We develop a formal model that is tested for Germany, France, the United Kingdom and the United States of America using a new set of panel data. The results indicate that, for the period 1957 until 1991, domestic R&D has an indirect and positive impact on productivity growth for the economy as a whole via technological catch up. For the period 1974–1991 we only find such a postive effect for French manufacturing.",

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AB - This paper explains growth of labour productivity through (inter)national spillovers from R&D and patenting. We develop a formal model that is tested for Germany, France, the United Kingdom and the United States of America using a new set of panel data. The results indicate that, for the period 1957 until 1991, domestic R&D has an indirect and positive impact on productivity growth for the economy as a whole via technological catch up. For the period 1974–1991 we only find such a postive effect for French manufacturing.

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KW - Octrooien

KW - Arbeidsproductiviteit

KW - Economische $groei

KW - 85.15;

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BT - The role of R&D and patent activity in economic growth

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ER -

The role of R&D and patent activity in economic growth: some empirical evidence

Abstract

Keywords

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