WHAT DRIVES NATIONAL RESEARCH AND DEVELOPMENT PERFORMANCE? – FACTORS IN COMPETITIVE GOVERNMENT FINANCING OF SCIENCE AND TECHNOLOGY

  • Dongwook Seoh Ph.D. Candidate, Graduate School of Public Administration, Seoul National University, Bldg. 57-1, 1 Gwanak-ro, Gwanak-gu, Seoul, Korea 08826.
  • Tobin Im Seoul National University , Bldg. 57-1, 1 Gwanak-ro, Gwanak-gu, Seoul, Korea 08826.
DOI: https://doi.org/10.17323/1999-5431-2020-0-5-191-215
Keywords: performance management, research and development, regulatory burden, public investment, government competitiveness

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. 

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Published
2020-05-20
How to Cite
Seoh D., & Im T. (2020). WHAT DRIVES NATIONAL RESEARCH AND DEVELOPMENT PERFORMANCE? – FACTORS IN COMPETITIVE GOVERNMENT FINANCING OF SCIENCE AND TECHNOLOGY. Public Administration Issues, (5), 191-215. https://doi.org/10.17323/1999-5431-2020-0-5-191-215
Issue
No 5 (2020)
Section
THE THEORY AND PRACTICES OF THE PUBLIC ADMINISTRATION

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