This paper examines the impact of investment in research and innovation on Australian market sector productivity. While … previous studies have largely focused on a narrow class of private sector intangible assets as a source of productivity gains … productivity. Moreover, the paper pays special attention to the role played by public support for research and innovation in the …

we use data on market sector productivity, R&D and non-R&D intangible assets, and public sector R&D spending. We look for … civil or defence R&D. Our findings tentatively suggest that for maximum market sector productivity impact government …

Does publicly-financed R&D spill over to private sector productivity growth? We document a robust correlation between … UK public-sector financed R&D disbursed via research councils and market sector total factor productivity growth. …