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首页> 外文期刊>World review of science, technology and sustainable development >Additionality of public R&D funding for business R&D - a dynamic panel data analysis
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Additionality of public R&D funding for business R&D - a dynamic panel data analysis

机译：公共R＆D资金用于业务研发的额外性-动态面板数据分析

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摘要

An important issue in R&D policy is whether publicly funded R&D is a substitute or a complement to privately funded R&D. However, measuring the impact of R&D policies has proven a difficult task, complicated by simultaneity and selection bias. We utilise a dynamic panel data approach to examine the effect of public funding that takes account of both these potential biases, using R&D data for Danish firms from 1995 to 2005. We find robust evidence of significant complementary effects, with a 1% increase in public funding yielding around a 0.12% increase in privately funded R&D. For predicted values of public funding for both R&D active firms that have and have not received public funding, estimates are slightly lower, at around 0.09%.
机译：研发政策中的一个重要问题是，公共资助的研发是否可以替代或补充私人资助的研发。但是，事实证明，衡量研发政策的影响是一项艰巨的任务，因为同时性和选择偏向使情况变得复杂。我们使用动态面板数据方法来研究考虑到这两个潜在偏见的公共资金的影响，使用丹麦公司1995年至2005年的R＆D数据。我们发现了重大的互补效应的有力证据，公共收益增加了1％私人研发经费增加了0.12％。对于已获得和未获得公共资金的研发活跃公司的公共资金的预测值，估计值略低，约为0.09％。

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