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Impacts of Academic R&D on High-Tech Manufacturing Products: Tentative Evidence from Supercomputer Data
- Source :
-
Studies in Higher Education . 2015 40(6):957-971. - Publication Year :
- 2015
-
Abstract
- This paper empirically examines the impact of academic research on high-tech manufacturing growth of 28 Organisation for Economic Co-operation and Development (OECD) and emerging countries over the 1991-2005 period. A standard research and development (R&D) expenditure based measure is found to be too general to capture the input in high-tech research. To overcome this problem, a novel proxy for high-tech research investment--the supercomputer capacity--is proposed. Empirical evidence strongly supports this choice of variable. It is also found that academic R&D exerts a larger growth effect on high-tech output than its industry and government counterparts, but only the impact differential between academic and government R&D is statistically significant.
Details
- Language :
- English
- ISSN :
- 0307-5079
- Volume :
- 40
- Issue :
- 6
- Database :
- ERIC
- Journal :
- Studies in Higher Education
- Publication Type :
- Academic Journal
- Accession number :
- EJ1065952
- Document Type :
- Journal Articles<br />Reports - Research
- Full Text :
- https://doi.org/10.1080/03075079.2013.865160