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PUBLIC R&D AND INDUSTRIAL INNOVATIONS AT THE PROJECT LEVELS: AN EXPLORATION OF TAIWAN'S PUBLIC RESEARCH PROJECTS
Author(s) -
JANG SHOWLING,
HUANG GUOGANG
Publication year - 2005
Publication title -
contemporary economic policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.454
H-Index - 49
eISSN - 1465-7287
pISSN - 1074-3529
DOI - 10.1093/cep/byi046
Subject(s) - productivity , proxy (statistics) , stock (firearms) , value (mathematics) , economics , index (typography) , business , industrial organization , economic growth , engineering , computer science , statistics , mathematics , mechanical engineering , world wide web
This study investigates the role of the ITRI in Taiwan's technological catch‐up. The authors examine the relationship between public R&D and industrial innovations in Taiwan using data encompassing 252 ITRI annual research projects and the survey on the characteristics of 5902 cases of transferred technologies within these projects. The authors develop a new index of innovative output to measure the monetary value of patents for research projects. They find that the influences of accumulated R&D stock, high‐level R&D personnel, and the intensity of process innovations on project‐level R&D productivity to be more pronounced when the monetary value of patents, instead of simple patent counts, is used as the proxy for innovation outputs. (JEL O12 , L63 )