Bergman, Karin - Nationalekonomiska Institutionen, Ekonomihögskolan - 2011
This paper examines the productivity effects of privately and publicly funded R&D, both performed in the private sector …. In doing so, it ascertains whether there are differences in the direct effects on an industry’s total factor productivity … productivity effect, but with diminishing returns. Publicly funded R&D shows signs of increasing returns to scale, but the total …