. Based on a desire to overcome the knowledge paradox between fundamental research and market needs and on the recognition …

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 …

materials. However, increasing industry funding of research can restrict the dissemination of results and materials. We show … scientists who receive industry funding are twice as likely to deny requests for research inputs as those who do not. Receiving …, however, 50% more likely to be denied access to research materials by others, but this is not affected by being funded …