Gersbach, Hans; Schneider, Maik T.; Schneller, Olivier - 2008 - This version: January 2008
-research
expenditures across countries.
Keywords: basic research, openness, distance to frontier, economic growth.
JEL: O31, O38
∗We would … basic research1 plays a significant role
in economic growth (e.g. Narin et al. 1997, Mansfield 1998, Martin 1998)2. However … economic growth. The model is presented in section 3. Section 4 contains
a discussion of the effects of basic research in our …