Journal of Development Economics

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<span class="mw-page-title-main">Public research and development</span>

Public research and development refers to the R&D activities related to public sectors, including governments, colleges and non-profit organizations. Public R&D include academic fundamental research, applied research and R&D grants and contracts to private sectors, where later two are known as 'R&D subsidy'. Public R&D could be understood as a funder or a performer of an R&D activity. According to National Science Foundation in U.S., in 2015, R&D expenditures performed by federal governments, local governments, colleges and non-profit organizations are 54, 0.6, 64, and 20 billions of dollars, respectively. Meanwhile, industries perform R&D expenditures of 356 billion dollars. Moreover, R&D expenditures funded by federal governments, local governments, colleges and non-profit organizations are 121, 4.3, 17, and 19 billions of dollars, respectively. R&D expenditures funded by industries are 333 billion dollars. In terms of R&D funders, public R&D to private R&D ratio is about 0.5.

References

  1. Kalaitzidakis, Pantelis, Theofanis P. Mamuneas, and Thanasis Stengos. 2002. "Ranking of Academic Journals and Institutions in Economics", Journal of the European Economics Association 1(6): 1346-66.
  2. "A Journal Ranking for the Ambitious Economist" (PDF). Federal Reserve Bank of St. Louis Review. 2009.
  3. "Kalaitzidakis, Pantelis, Theofanis P. Mamuneas, and Thanasis Stengos (2010) "An Updated Ranking of Academic Journals in Economics"" (PDF).
  4. "Journal of Development Economics Editorial Board" . Retrieved 2016-10-29.