| dc.contributor.author | Bjertnæs, Geir Haakon | |
| dc.contributor.author | Heggedal, Tom-Reiel | |
| dc.contributor.author | Jacobsen, Karl | |
| dc.date.accessioned | 2010-11-16T11:25:08Z | |
| dc.date.available | 2010-11-16T11:25:08Z | |
| dc.date.issued | 2010 | |
| dc.identifier.issn | 0809-733X | |
| dc.identifier.uri | http://hdl.handle.net/11250/179923 | |
| dc.description | © Statistics Norway. When using material from this publication, Statistics Norway shall be quoted as the source. Abstracts with downloadable Discussion Papers in PDF are available on the Internet: http://www.ssb.no | en_US |
| dc.description.abstract | We analyze how knowledge spillovers influence the optimal timing of R&D policy. Using numerical simulations we find that optimal subsidies to R&D may be rising over time even when the returns to knowledge is decreasing. The optimal time profile of the subsidies is determined by the elasticity of scale in the R&D production function, which again depends on both the returns to knowledge and the returns to labor. | en_US |
| dc.description.sponsorship | Financial support from the Norwegian Research Council is greatly acknowledged. | en_US |
| dc.language.iso | eng | en_US |
| dc.publisher | Statistics Norway, Research Department | en_US |
| dc.relation.ispartofseries | Discussion Papers;635 | |
| dc.subject | Innovation policy | en_US |
| dc.subject | R&D | en_US |
| dc.subject | Technological spillovers | en_US |
| dc.subject | Innovasjon | en_US |
| dc.subject | Innovasjonspolitikk | en_US |
| dc.subject | Forskning og utvikling | en_US |
| dc.subject | Teknologisk utvikling | en_US |
| dc.subject | Forskningpolitikk | en_US |
| dc.subject | JEL classification: O32 | en_US |
| dc.subject | JEL classification: O38 | en_US |
| dc.title | Knowledge spillovers and the timing of R&D policy | en_US |
| dc.type | Working paper | en_US |
| dc.source.pagenumber | 15 | en_US |
