To what extent does public R&D leverage private capital investment?

Exploratory analysis looking at the impact of public R&D on private capital investment in the UK and other OECD countries using different econometric techniques.

To what extent does public R&D leverage private capital investment? (executive summary)

To what extent does public R&D leverage private capital investment?

Technical annex

Details

An exploratory report into the impact of public R&D on private capital investment in the UK and other OECD countries using different econometric techniques. The report offers insight into one of the mechanisms through which public R&D may drive productivity growth and suggests how improved data availability would allow for a more robust estimation of this relationship. As such, the findings should be interpreted as indicative rather than definitive.