R&D support programs in developing countries: The Turkish experience


Oezcelik E., TAYMAZ E.

RESEARCH POLICY, vol.37, no.2, pp.258-275, 2008 (Peer-Reviewed Journal) identifier identifier

  • Publication Type: Article / Article
  • Volume: 37 Issue: 2
  • Publication Date: 2008
  • Doi Number: 10.1016/j.respol.2007.11.001
  • Journal Name: RESEARCH POLICY
  • Journal Indexes: Social Sciences Citation Index, Scopus
  • Page Numbers: pp.258-275
  • Keywords: public R&D support, R&D investment, evaluation, Turkish manufacturing, DEVELOPMENT SUBSIDIES, INNOVATION, GOVERNMENT, INCENTIVES, SPILLOVERS, STIMULATE, JAPANESE, CREDITS, IMPORTS, RETURN

Abstract

In this study, the determinants of private R&D investment are examined at the level of firms in the Turkish manufacturing industry. We focus our attention on the effect of public R&D support programs. Our findings indicate that public R&D support significantly and positively affects private R&D investment. There seems to be even an "acceleration effect" on firm-financed R&D expenditures. Smaller R&D performers benefit more from R&D support and perform more R&D. In addition, technology transfer from abroad and domestic R&D activity show up as complementary processes. Given the scarcity of studies on R&D support in technologically weaker economies, our hope is that the less-developed countries can exploit these findings in constructing socially beneficial technology policies. (C) 2007 Elsevier B.V. All rights reserved.