The picture which emerges is not one of institutions at separate ends of a continuum in a process of convergence towards the centre. Rather we see both institutions moving in the same direction, towards tighter control, towards a greater division of labour, away from autonomy and towards...

Risky research projects are, other things being equal, intrinsically harder to monitor than those which are less risky. It is shown using agency theory that a standard cost benefit project analysis which ignores the agency problem will introduce a bias towards excessively risky projects.

We examine the effect of research and development (R&D) on long-term economic growth using the Bayesian model averaging (BMA) to deal rigorously with model uncertainty. Previous empirical studies investigated the effect of dozens of regressors on long-term growth, but they did not examine the...

This discussion paper aims to propose an indicator of emerging technological themes. The development of such indicator is justified due to the need to guide the Brazilian federal government in emerging discussions on the field of technological policy. In reality, the wide range of information...

We examine the effect of research and development (R&D) on long-term economic growth using the Bayesian model averaging (BMA) to deal rigorously with model uncertainty. Previous empirical studies investigated the effect of dozens of regressors on long-term growth, but they did not examine the...

We contribute to the Responsible Research and Innovation (RRI) literature in two ways: (i) we consider how societal aspects are taken into account in research and innovation activities in four fundamentally different futures, as opposed to analysing current practices; and (ii) put the emphasis...

This paper uses panel regressions to investigate the effects of innovation policies and framework factors on business R&D intensity and patenting for a sample of 20 OECD countries over the period 1982- 2001. Both sets of factors are found to matter; the main determinants of innovativeness appear...

This discussion paper aims to propose an indicator of emerging technological themes. The development of such indicator is justified due to the need to guide the Brazilian federal government in emerging discussions on the field of technological policy. In reality, the wide range of information...

This paper investigates the sectoral dynamics of the major economies during the last decade through the lens of the top 1000 R&D investors worldwide and looks at how firms' demographics are related to sector distribution. In doing so, it contributes to the literature on the EU corporate R&D...

This working paper presents findings from analyses of Russian nanotechnology outputs in publications and patents focusing on developments over the period 1990 through to 2012. The investigation draws on bibliometric datasets of scientific journal publications and patents and on available...