R&D, innovative collaborations and the role of public policies

Crescenzi, Riccardo ORCID: 0000-0003-0465-9796 (2020) R&D, innovative collaborations and the role of public policies. In: Beck, Hans Peter and Charitos, Panagiotis, (eds.) The Economics of Big Science: Essays by Leading Scientists and Policymakers. Science Policy Reports. Springer Berlin / Heidelberg, Cham, CH, 99 - 103. ISBN 9783030523909

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Abstract

R&D investments have the potential to boost innovation at the local level. However, this only happens where appropriate complementary skills and conditions are available locally to support knowledge generation and absorption. Where major R&D facilities are located in regions that lack the appropriate receptive environment the local mismatch between R&D and skilled labor can persistently hinder innovation and local spillovers. How can this be avoided? Public policies have an important role to play. They should facilitate the development of connections between local teams and those active in the research facility. The presence of star researchers in large research facilities might—for example—be a key factor to facilitate collaboration with local industrial partners offering significant opportunities for technological upgrading.

Item Type:	Book Section
Official URL:	https://link.springer.com/book/10.1007/978-3-030-5...
Additional Information:	© 2021 The Author
Divisions:	Geography & Environment
Subjects:	H Social Sciences > HB Economic Theory
Date Deposited:	11 Nov 2021 08:36
Last Modified:	16 May 2024 05:56
URI:	http://eprints.lse.ac.uk/id/eprint/112589

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