US university science: The shopping mall model

Paula Stephan, 20 March 2014

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Universities have relied heavily on federal funds for research for many years. Yet, since 2005, federal funds have been flat in real terms, with the exception of funds received through the American Recovery and Reinvestment Act (ARRA). More importantly, the hope for a substantial increase in federal funds is dim.

Topics: Education, Productivity and Innovation
Tags: external funding, R&D, Universities

The economic impact of inward FDI on the US

Theodore H. Moran, Lindsay Oldenski, 4 March 2014

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The US is the second-largest recipient of FDI in the world, behind China, and by far the largest target for FDI among OECD countries (OECD 2013). The numbers are large ($253 billion for the US), and the gap with the next-largest in the OECD is impressive ($63 billion for the UK and $62 billion for France in 2012).

Topics: Productivity and Innovation
Tags: FDI, multinationals, productivity, R&D, spillovers, US, wages

Nuclear expansion or phase-out? Costs and opportunities

Enrica De Cian, Samuel Carrara, Massimo Tavoni, 22 December 2013

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"We learned from Fukushima that we have to deal differently with risks… We believe we as a country can be a trailblazer for a new age of renewable energy sources… We can be the first major industrialized country that achieves the transition to renewable energy with all the opportunities – for exports, development, technology, jobs – it carri

Topics: Energy, Environment
Tags: carbon pricing, climate change, climate policy, energy, energy mix, environment, nuclear power, R&D

Do multinationals that expand abroad invest less at home?

Theodore H. Moran, Lindsay Oldenski, 31 October 2013

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There is a long history of politicians accusing US MNCs of “shipping jobs overseas” when they invest outside the US. President Obama, for example, has proposed special support for US firms that stay at home, and criticised those that move abroad (State of the Union speech 2012).

Topics: Industrial organisation, International trade
Tags: multinationals, R&D

Offshoring and its effects on innovation in emerging economies

Ursula Fritsch, Holger Görg, 23 September 2013

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Most empirical studies of the impact of outsourcing on firms look at industrialised countries. However, outsourcing is also common in emerging economies, and firms in middle-income countries split up their production processes similarly to firms in developed countries (see figures in Miroudot et al. (2009) on trade in intermediates).

Topics: International trade, Productivity and Innovation
Tags: emerging markets, innovation, international trade, offshoring, outsourcing, R&D, technology transfer

Does offshoring hurt domestic innovation activities?

Bernhard Dachs, Bernd Ebersberger, Steffen Kinkel, Oliver Som, 7 September 2013

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Offshoring of production activities has been a topic of economic policy debates for at least the last decade. A central issue in these debates are the economic effects of offshoring on firms in the home country.

Topics: Productivity and Innovation
Tags: Labour Markets, offshoring, R&D

Why trade policy matters for firms’ R&D investment

Andreas Moxnes, Karen-Helene Ulltveit-Moe, Esther Ann Bøler, 18 July 2012

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As the crisis continues to ricochet around the world and unemployment stays elevated, the threat of protectionism rises. As the latest WTO report on G20 trade measures (WTO 2012) and the GTA database confirm (Evenett 2012), the threat is real. Trade barriers are rising.

Topics: International trade, Productivity and Innovation
Tags: imports, productivity, R&D

The inconsistent Europe 2020 and research strategy

Ramon Marimon, 12 March 2012

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The European Parliament and EU member states are now discussing the Framework Programme (2014–2020), proposed by the European Commission. Unless the current text is properly amended, funding for research in social sciences will almost completely disappear from the main ‘cooperative research’ (now ‘Societal Challenges’) programme.

Topics: EU institutions, Frontiers of economic research
Tags: R&D, research funding

An economic evaluation of the war on cancer

Eric Sun, Anupam B Jena, Tomas Philipson , Darius Lakdawalla, Carolina Reyes, Dana Goldman , 11 January 2010

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Current efforts at healthcare reform in the US have forced policymakers and stakeholders alike to justify healthcare dollars. As evidence builds on the costs and benefits of specific medical treatments, companies must increasingly demonstrate that the therapies they produce indeed generate health benefits in excess of their (often large) costs.

Topics: Health economics
Tags: Cancer, healthcare, R&D

Where does energy R&D come from?

David Popp, 26 November 2009

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Throughout the world, proposals to reduce carbon emissions include increased research and development (R&D) funding. President Obama proposes spending an additional $150 billion on energy R&D over the next ten years, compared to current funding levels of about $5 billion per year.

Topics: Productivity and Innovation
Tags: clean energy, climate change, R&D

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