growth spillovers via mechanisms beyond those previously established for R&D. …

of market sector spillovers from intangible investment and from public R&D. We find (a) no evidence of spillover effects … from intangible investment at the market sector level, including from R&D, (b) strong evidence of market sector spillovers … from public R&D spend on research councils, and (c) no evidence of market sector spillovers from public spending on civil …

growth spillovers via mechanisms beyond those previously established for R&D. …

evidence of market sector spillovers from intangible investment and from public R&D. We find (a) no evidence of spillover … spillovers from public R&D spend on research councils, and (c) no evidence of market sector spillovers from public spending on … innovation policy should focus on direct spending on research councils. -- Intangible assets ; productivity ; R&D ; spillovers …