A public sector knowledge production function
- UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
- Albert N. Link, Professor (Creator)
- Martijn Van Hasselt, Associate Professor (Creator)
- Institution
- The University of North Carolina at Greensboro (UNCG )
- Web Site: http://library.uncg.edu/
Abstract: There are no studies of the R&D-to-patenting relationship at the federal agency level. We estimate a public sector knowledge production function using federal agency patent application data over the years 2003 through 2014. We find that the patent application elasticity with respect to per capita R&D spending is about 1.06. This measure might be interpreted as one dimension of the social returns to public sector R&D generated through newly created knowledge.
A public sector knowledge production function
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Created on 2/25/2020
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Additional Information
- Publication
- Economics Letters, 175, 64-66
- Language: English
- Date: 2019
- Keywords
- Patents, R&D, Knowledge production function, Technology transfer