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The impact of participation in European joint research projects on knowledge creation and economic growth.
- Source :
- Journal of Technology Transfer; Dec2014, Vol. 39 Issue 6, p836-858, 23p
- Publication Year :
- 2014
-
Abstract
- This paper investigates the impact of participation in European scientific networks on the stock of knowledge and on economic growth. We use scientific links in FP programmes to weight foreign R&D in order to construct two different measures of foreign R&D spillovers and we assess their impact on the production of knowledge (patents) and on economic growth in a panel of countries participating in FP over the period 1994-2005. We find that participation in EU funded projects is an important channel of knowledge transfer. However, while for countries with high levels of R&D expenditure R&D spillovers contribute to the generation of new knowledge, for low R&D spenders knowledge spillovers facilitate technological imitation and catching up. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 08929912
- Volume :
- 39
- Issue :
- 6
- Database :
- Complementary Index
- Journal :
- Journal of Technology Transfer
- Publication Type :
- Academic Journal
- Accession number :
- 99240006
- Full Text :
- https://doi.org/10.1007/s10961-013-9318-7