Does public R&D complement or crowd-out private R&D in pre and post economic crisis of 2008?
Research and development expenditure (R&D) generate innovation and contribute significantly to the economic development. Previous studies emphasized the role of public R&D to encourage the technological innovation in the private sector. However, the effect of global economic crisis with resp...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Taylor & Francis Group
2020-01-01
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Series: | Journal of Applied Economics |
Subjects: | |
Online Access: | http://dx.doi.org/10.1080/15140326.2020.1762341 |