@ARTICLE{26543117_381939908_2020, 
	author = {Dongwook Seoh and Tobin Im}, 
	keywords = {, research and development, regulatory burden, public investment, government competitivenessperformance management},
	title = {WHAT DRIVES NATIONAL RESEARCH AND DEVELOPMENT PERFORMANCE? – FACTORS IN COMPETITIVE GOVERNMENT FINANCING OF SCIENCE AND TECHNOLOGY},
	journal = {Public Administration Issues},
	year = {2020},
	number = {5},
	pages = {191-215},
	url = {https://vgmu.hse.ru/en/2020--5/381939908.html},
	publisher = {},
	abstract = {This research mainly explores factors that may contribute to national performance on science and technology research and development (R&D). Th e 17-year panel data regression analysis on 35 OECD countries and Russia provides evidence to potential causal relationships between value-added of industry and several investment variables. As a proxy variable for research and development performance, value-added of industry indicates a statistically signifi cant positive relationship with business-performed expenditure of government-funding on R&D. It indicates negative relationships with government-performed expenditure of government-funding on R&D and regulatory burdens. Th e results suggest that national R&D policy should guarantee less regulatory burden and more autonomy of government-funded R&D projects. },
	annote = {This research mainly explores factors that may contribute to national performance on science and technology research and development (R&D). Th e 17-year panel data regression analysis on 35 OECD countries and Russia provides evidence to potential causal relationships between value-added of industry and several investment variables. As a proxy variable for research and development performance, value-added of industry indicates a statistically signifi cant positive relationship with business-performed expenditure of government-funding on R&D. It indicates negative relationships with government-performed expenditure of government-funding on R&D and regulatory burdens. Th e results suggest that national R&D policy should guarantee less regulatory burden and more autonomy of government-funded R&D projects. }
}