This paper describes flows of basic research through the U.S. economy and explores their implications for scientific … basic research flows than was previously available. Basic research flows are high within petrochemicals and drugs and within … limited to software and communications. In general, basic research flows are more concentrated within scientific fields than …

This paper introduces a general equilibrium model of endogenous technical change through basic and applied research …. Basic research differs from applied research in the nature and the magnitude of the generated spillovers. We propose a novel … way of empirically identifying these spillovers and embed them in a framework with private firms and a public research …