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Three essays on R&D investment and e...
~
Wu, Yonghong.
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Three essays on R&D investment and economic development.
Record Type:
Electronic resources : Monograph/item
Title/Author:
Three essays on R&D investment and economic development./
Author:
Wu, Yonghong.
Description:
172 p.
Notes:
Source: Dissertation Abstracts International, Volume: 65-05, Section: A, page: 1960.
Contained By:
Dissertation Abstracts International65-05A.
Subject:
Political Science, Public Administration. -
Online resource:
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3132721
ISBN:
0496799614
Three essays on R&D investment and economic development.
Wu, Yonghong.
Three essays on R&D investment and economic development.
- 172 p.
Source: Dissertation Abstracts International, Volume: 65-05, Section: A, page: 1960.
Thesis (Ph.D.)--Syracuse University, 2004.
This three-essay dissertation offers three empirical studies based on a unified framework combining innovation-based economic development and policy-induced R&D investment. The first two essays are cross-national studies. The empirical results show that national governments can promote economic growth through encouraging domestic business R&D investment by policy actions. I found that direct government subsidies work better than tax incentives in stimulating self-financed business R&D spending. The enforcement and duration of patent right also matter to business R&D investment. While domestic R&D has positive impact on national productivity across countries, the effect of foreign R&D spillovers is context-dependent---positive for some countries but negative for others.
ISBN: 0496799614Subjects--Topical Terms:
1017438
Political Science, Public Administration.
Three essays on R&D investment and economic development.
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Three essays on R&D investment and economic development.
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172 p.
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Source: Dissertation Abstracts International, Volume: 65-05, Section: A, page: 1960.
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Adviser: Stuart Bretschneider.
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Thesis (Ph.D.)--Syracuse University, 2004.
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This three-essay dissertation offers three empirical studies based on a unified framework combining innovation-based economic development and policy-induced R&D investment. The first two essays are cross-national studies. The empirical results show that national governments can promote economic growth through encouraging domestic business R&D investment by policy actions. I found that direct government subsidies work better than tax incentives in stimulating self-financed business R&D spending. The enforcement and duration of patent right also matter to business R&D investment. While domestic R&D has positive impact on national productivity across countries, the effect of foreign R&D spillovers is context-dependent---positive for some countries but negative for others.
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The third essay explores the effect of state research and development (R&D) tax credits on private R&D expenditure in the states. I found that the establishment of state R&D credit programs is effective in stimulating more industrial R&D spending in the states. State services in higher education and some cooperative technology programs also matter in private decision of R&D investment. Given the great importance of industrial R&D to economic development, this study contributes to public finance literature on economic development by paving the way to a full assessment of state tax incentives for R&D in promoting economic development.
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The combination of innovation-based economic development and policy-induced R&D investment offers better opportunity to explore economic effects of government R&D policies. My dissertation has made important progress, and will lead to a new academic field---innovation finance---in state and local government finance.
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http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=3132721
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