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.
| Original language | English |
|---|---|
| Pages (from-to) | 957-971 |
| Number of pages | 15 |
| Journal | Studies in Higher Education |
| Volume | 40 |
| Issue number | 6 |
| DOIs | |
| Publication status | Published - 3 Jul 2015 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 9 Industry, Innovation, and Infrastructure
Keywords
- academic R&D
- high-tech
- industry R&D
- manufacturing
- supercomputer
- technology
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