@techreport{Cai2012Building,
abstract = {Should inputs such as bank finance affect innovation in BRICS vs. developed countries similarly? Arguably these elasticities may depend on a country's economic progress (Gerschenkron, 1962; Liu and White, 2001). Applying a combination of DEA and Tobit to a sample of 22 countries, we show how innovation (measured patents, scientific publications and high-tech sectoral output) responds favourably to private-sector R&D. No significant differences are recorded for BRICS countries. Differences emerge between BRICS and non-BRICS for the elasticity of innovative efficiency to banking inputs.},
address = {Kiel},
author = {Yuezhou Cai and Aoife Hanley},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {O30; O57; P52; 330; BRICS countries; National Innovation System (NIS); innovation; DEA; Industrielle Forschung; Innovation; Technische Effizienz; Data-Envelopment-Analyse; BRICS-Staaten},
language = {eng},
number = {1788},
publisher = {Kiel Institute for the World Economy (IfW)},
title = {Building BRICS: 2-Stage DEA analysis of R&D efficiency},
type = {Kiel Working Paper},
url = {http://hdl.handle.net/10419/64832},
year = {2012}
}
