We study a model where economic growth is fueled by public basic-research investment and the importation of leading technology from foreign countries. In each period, the government chooses the amount of basic research, balancing the cost and benefits of stimulating growth through both channels....

In this paper we study the incentives for basic-research investments by governments in a globalized world. For this purpose, we develop a two-country Schumpeterian growth model in which each country chooses its basic-research investments. We find that a country's basic-research investments...

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 government should invest in basic research. Basic-research...

We develop a model that incorporates salient features of growth in modern economies. We combine the expanding-variety growth model through horizontal innovations with a hierarchy of basic and applied research. The former extends the knowledge base, while the latter commercializes it. Two-way...

R&D encompasses plenty of activities which are usually summarized under the terms of basic research, applied research and development. Although basic research is often associated with low appropriability it provides the fundamental basis for subsequent applied research and development....

This paper studies the impact of global factors on patterns of basic research across countries and time. We rely on the records of major scientific awards, and on data dealing with global economic and historical trends. Specifically, we investigate the degree to which scale or threshold effects...

Die Strukturpolitik Nordrhein-Westfalens hat sich lange darauf konzentriert, den Strukturwandel im Ruhrgebiet zu bewältigen. Eine Vielzahl neuer Hochschulen entstand, die Infrastruktur wurde ausgebaut, in den rasch wachsenden Dienstleistungssektoren wurde überall im Land eine Fülle neuer...

In Deutschland informieren zwei Statistiken über die Entwicklung und die Struktur von staatlichen Fördermitteln für Forschung und Entwicklung (FuE) in der Wirtschaft: die FuE-Statistik des Stifterverbandes für die Deutsche Wissenschaft sowie die Statistik des Bundesministeriums für Bildung...