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R&D support programs in developing countries: The Turkish experience
Date
2008-03-01
Author
Oezcelik, Emre
Taymaz, Erol
Metadata
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This work is licensed under a
Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License
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In this study, the determinants of private R&D investment are examined at the level of firms in the Turkish manufacturing industry. We focus our attention on the effect of public R&D support programs. Our findings indicate that public R&D support significantly and positively affects private R&D investment. There seems to be even an "acceleration effect" on firm-financed R&D expenditures. Smaller R&D performers benefit more from R&D support and perform more R&D. In addition, technology transfer from abroad and domestic R&D activity show up as complementary processes. Given the scarcity of studies on R&D support in technologically weaker economies, our hope is that the less-developed countries can exploit these findings in constructing socially beneficial technology policies.
Subject Keywords
Management of Technology and Innovation
,
Management Science and Operations Research
,
Strategy and Management
URI
https://hdl.handle.net/11511/37811
Journal
RESEARCH POLICY
DOI
https://doi.org/10.1016/j.respol.2007.11.001
Collections
Department of Economics, Article