What is the optimal rate of R&D investment to maximize productivity growth? (Articolo in rivista)

Type

• Articolo in rivista (Classe)
• Prodotto della ricerca (Classe)

Label

• What is the optimal rate of R&D investment to maximize productivity growth? (Articolo in rivista) (literal)

Anno

• 2009-01-01T00:00:00+01:00 (literal)

Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#doi

• 10.1016/j.techfore.2008.02.008 (literal)

Alternative label

• Coccia Mario (2009)
  What is the optimal rate of R&D investment to maximize productivity growth?
  in Technological forecasting & social change; Academic Press Elsevier, Inc., New York (Stati Uniti d'America)
  (literal)

Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#autori

• Coccia Mario (literal)

Pagina inizio

• 433 (literal)

Pagina fine

• 446 (literal)

Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#altreInformazioni

• Impact Factor Journal 2010: 2.034 (literal)

Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#url

• http://www.journals.elsevier.com/technological-forecasting-and-social-change/ (literal)

Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#numeroVolume

• 76 (literal)

Rivista

• Technological forecasting & social change (Rivista)

Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#pagineTotali

• 14 (literal)

Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#numeroFascicolo

• 3 (literal)

Note

• Google Scholar (literal)
• Scopus (literal)
• ISI Web of Science (WOS) (literal)

Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#affiliazioni

• National Research Council of Italy Max Planck Institute of Economics, Germany (literal)

Titolo

• What is the optimal rate of R&D investment to maximize productivity growth? (literal)

Abstract

• Governments in modern economies devote much policy attention to enhancing productivity and continue to emphasize its drivers such as investment in R&D. This paper analyzes the relationship between productivity growth and levels of R&D investments. The econometric analysis shows that more than 65 per cent of productivity growth variance is due to its dependence on gross domestic expenditure on R&D expressed as percentage of GDP (GERD). Economic analysis shows that productivity growth=f(GERD) is a concave function downwards due to diminishing returns to research investments. In addition, the research shows that the range of GERD between 2.3 per cent and 2.6 per cent maximizes the long-run impact on productivity growth and it is the key to sustained productivity and technology improvements that are becoming more and more necessary to modern economic growth. (literal)

Editore

• Academic Press Elsevier, Inc. (Editore)

Prodotto di

• Imprese e Sviluppo Locale (IC.P05.004.001) (Modulo)
• Istituto di Ricerca sulla Crescita Economica Sostenibile (IRCRES) (Istituto)

Autore CNR

• MARIO COCCIA (Unità di personale interno)

Insieme di parole chiave

• Keywords of "What is the optimal rate of R&D investment to maximize productivity growth?" (Insieme di parole chiave)

Incoming links:

Prodotto

• Istituto di Ricerca sulla Crescita Economica Sostenibile (IRCRES) (Istituto)
• Imprese e Sviluppo Locale (IC.P05.004.001) (Modulo)

Autore CNR di

• MARIO COCCIA (Unità di personale interno)

Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#rivistaDi

• Technological forecasting & social change (Rivista)

Editore di

• Academic Press Elsevier, Inc. (Editore)

Insieme di parole chiave di

• Keywords of "What is the optimal rate of R&D investment to maximize productivity growth?" (Insieme di parole chiave)