Additionality of public R&D funding in business R&D within the life science industry

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Additionality of public R&D funding in business R&D within the life science industry

Type: Article in monograph or in proceedings
Title: Additionality of public R&D funding in business R&D within the life science industry
Author: Christensen R.N.
Journal Title: STI 2018 Conference Proceedings
Start Page: 904
End Page: 911
Publisher: Centre for Science and Technology Studies (CWTS)
Issue Date: 2018-09-11
Keywords: Scientometrics
Abstract: In what way public research funds affect a company’s propensity to make private investment in R&D a structural selection model have been estimated, using R&D data from Danish firms from 2000 to 2013, within the life science sector. This is an important contribution on whether publicly funded R&D is a substitute or a complement to privately funded R&D. The results finds robust evidence of significant complementary effects, with a 1% increase in public funding yielding between 0.15% and 0.39% increase in privately funded R&D across the different models.
Handle: http://hdl.handle.net/1887/65255
 

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