We augment a Schumpeterian growth model with a public basic-research sector to examine how much a country should invest in basic research. We find that the closer the country is to the world’s technological frontier the more the govern-ment should invest in basic research. Basic-research expenditures are increasing with a country’s degree of openness as long as innovation sizes are small. We pro-vide possible explanations for the empirical evidence available on basic-research expenditures across countries
Basic research is mainly performed publicly. Yet in the US public research findings were not patenta...
This paper introduces a general equilibrium model of endogenous technical change through basic and a...
This article critically reviews the literature on the economic benefits of publicly funded basic res...
We augment a Schumpeterian growth model with a public basic-research sector to examine how much a co...
In this paper we study the incentives for basic-research investments by governments in a globalized ...
We study a model where economic growth is fueled by public basic-research investment and the importa...
We analyze public basic research in a multi-country, multi-industry environment with international t...
We use a Schumpeterian growth model with a public basic-research sector to explore the socially desi...
This paper presents a theoretical model and empirical evidence to explain the observation that a cou...
Bloom et al. (2017) find a decline in productivity of research across industries and disciplines. To...
This paper introduces endogenous technical change through basic and applied research in a growth mod...
Many economists maintain that in order to advance economic growth Asian countries should focus more ...
This paper examines quantitatively the e¤ects of R&D subsidy and government-\u85nanced basic res...
This paper introduces a model of endogenous growth through basic and applied research. Basic researc...
European countries do less research than Japan and the United States. We use a quantitative multi-co...
Basic research is mainly performed publicly. Yet in the US public research findings were not patenta...
This paper introduces a general equilibrium model of endogenous technical change through basic and a...
This article critically reviews the literature on the economic benefits of publicly funded basic res...
We augment a Schumpeterian growth model with a public basic-research sector to examine how much a co...
In this paper we study the incentives for basic-research investments by governments in a globalized ...
We study a model where economic growth is fueled by public basic-research investment and the importa...
We analyze public basic research in a multi-country, multi-industry environment with international t...
We use a Schumpeterian growth model with a public basic-research sector to explore the socially desi...
This paper presents a theoretical model and empirical evidence to explain the observation that a cou...
Bloom et al. (2017) find a decline in productivity of research across industries and disciplines. To...
This paper introduces endogenous technical change through basic and applied research in a growth mod...
Many economists maintain that in order to advance economic growth Asian countries should focus more ...
This paper examines quantitatively the e¤ects of R&D subsidy and government-\u85nanced basic res...
This paper introduces a model of endogenous growth through basic and applied research. Basic researc...
European countries do less research than Japan and the United States. We use a quantitative multi-co...
Basic research is mainly performed publicly. Yet in the US public research findings were not patenta...
This paper introduces a general equilibrium model of endogenous technical change through basic and a...
This article critically reviews the literature on the economic benefits of publicly funded basic res...