经济危机中的公共研发投资

IF 7.5 1区 管理学 Q1 MANAGEMENT Research Policy Pub Date : 2024-08-16 DOI:10.1016/j.respol.2024.105084
Maikel Pellens , Bettina Peters , Martin Hud , Christian Rammer , Georg Licht
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引用次数: 0

摘要

我们研究了 1995 年至 2019 年期间 29 个经合组织国家公共研发的周期性。公共研发平均具有顺周期性,主要是由针对政府和高等教育部门的公共研发调整驱动的。然而,公共研发在商业周期的不同阶段会出现不对称的反应,在经济衰退期间会出现非周期性。这种非周期性掩盖了各国之间的重要异质性:世界领先的创新国家在经济衰退期间表现为反周期,甚至增加了公共研发。这些结果表明,落后于创新前沿的国家仍可通过采取反周期的公共研发战略来增强抵御经济危机的能力,从而也能通过创新保障长期增长。
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Public R&D investment in economic crises

We study the cyclicality of public R&D in 29 OECD countries over the period 1995 to 2019. Public R&D is procyclical on average, and mostly driven by adjustments in public R&D aimed at the government and higher education sectors. However, public R&D reacts asymmetrically over different phases of the business cycle, becoming acyclical during recessions. This acyclicality masks an important heterogeneity across countries: the world’s leading innovators behave countercyclically during recessions and even increase public R&D. These results suggest that countries behind the innovation frontier could still strengthen their resilience to economic crises by adopting countercyclical public R&D strategies, thereby also safeguarding long-term growth through innovation.

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来源期刊
Research Policy
Research Policy MANAGEMENT-
CiteScore
12.80
自引率
6.90%
发文量
182
期刊介绍: Research Policy (RP) articles explore the interaction between innovation, technology, or research, and economic, social, political, and organizational processes, both empirically and theoretically. All RP papers are expected to provide insights with implications for policy or management. Research Policy (RP) is a multidisciplinary journal focused on analyzing, understanding, and effectively addressing the challenges posed by innovation, technology, R&D, and science. This includes activities related to knowledge creation, diffusion, acquisition, and exploitation in the form of new or improved products, processes, or services, across economic, policy, management, organizational, and environmental dimensions.
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