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Please use this identifier to cite or link to this item: http://hdl.handle.net/10362/8222

Title: Research and development expenditure in the business sector as indicator of knowledge economy: the Portuguese experience
Authors: Boavida, Nuno
Moniz, António
Keywords: Knowledge-intensive industries
Technology intensity
Business sector
Issue Date: Mar-2012
Publisher: IET
Citation: Boavida, Nuno; Moniz, António B. (2012), Research and development expenditure in the business sector as indicator of knowledge economy: the Portuguese experience, IET Working Papers Series, WPS04/2012, 22 pp.
Series/Report no.: IET Working Papers Series;WPS04/2012
Abstract: The objective of the paper is to help to understand recent changes in the structure of R&D activities, by analyzing data on the expenditure of the business sector in research and development (R&D). The results are framed in an international context, through comparison with indicators from the most developed countries, divided by technological intensity and economic activity. The study reveals that the indicators of Portuguese R&D expenditure in the business sector are closely linked both to fiscal policy and to high foreign direct investment in knowledge-intensive industries. It also links these indicators to phenomena such as the abundance of skilled labor in pharmaceutical industries and the government intervention in some sectors of the economy (namely health and rail transportation).
Peer Reviewed: yes
URI: http://hdl.handle.net/10362/8222
ISBN: 1646-8929
Appears in Collections:FCT: IET - Working Paper Series

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