Kokko, Ari; Tingvall, Patrik Gustavsson; Videnord, Josefin - In: Economics: The Open-Access, Open-Assessment E-Journal 9 (2015) 2015-40, pp. 1-26
inspection of the data reveals that the weak results for the EU15 stem from comparisons with the US - the US has been able to … generate a stronger growth response from its R&D spending. Possible explanations for the US advantage include higher private …" vis-à-vis the US, it may not be enough for the EU to raise the share of R&D expenditures in GDP: continuous improvements …