R&D, innovation, and growth: evidence from four manufacturing sectors in OECD countries

被引:67
作者
Ulku, Hulya [1 ]
机构
[1] Univ Manchester, IDPM, Manchester M13 9QH, Lancs, England
来源
OXFORD ECONOMIC PAPERS-NEW SERIES | 2007年 / 59卷 / 03期
关键词
D O I
10.1093/oep/gpl022
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper provides an empirical analysis of the relationship between R&D intensity, rate of innovation and growth rate of output in four manufacturing sectors from 17 OECD countries. The findings suggest that the knowledge stock is the main determinant of innovation in all four manufacturing sectors and that R&D intensity increases the rate of innovation in the chemicals, electrical and electronics, and drugs and medicine sectors. In addition, the rate of innovation has a positive effect on the growth rate of output in all sectors. These findings lend strong support to non-scale endogenous growth theories.
引用
收藏
页码:513 / 535
页数:23
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