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Applied Economics , 10 ( 2 ): 97 – 108 . Bilbao-Osorio , B. – Rodríguez-Pose , A. ( 2004 ): From R&D to Innovation and Economic Growth in the EU . Growth and Change , 35 ( 4

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. – Andros , L. – Borja-Vega, Ch. ( 2013 ): The Impact of Government Support on Firm R&D Investments –A Meta Analysis . Policy Research Working Paper 6532. World Bank, Entrepreneurship and Innovation unit

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Introduction R&D have been regarded by firms as a source of competition advantage in the context of which technology complexity is increasing and product life cycles become shorter. Many market and technology risk factors have

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Abstract  

The relationship between R&D and market value has attracted the interest of many scholars within different fields, but scant attention has been paid to the countries with weak protection of intellectual property rights (IPR). This is unfortunate, since this problem is potentially highly relevant for IPR policy in developing countries. In particular, several questions arise when the problem of R&D market value is analyzed in a country where IPR protection is weak. First, there are concerns regarding incentives (i.e., private returns) for firms to invest in R&D when IPR is only weakly protected. Second, significant differences could emerge in the market valuation of R&D investments of domestic and foreign firms, above all in those industries where spillovers are more likely. To examine these issues, this paper investigates the market valuation of R&D investments of a panel of 219 R&D-reporting domestic and foreign firms publicly traded in India with an empirical analysis. First, the market valuation of the R&D capital for the whole sample is positive and higher than those obtained in U.S. or European countries from similar analyses. Second, in the sub-samples of the domestic and foreign firms, the market value of R&D investments of foreign firms is not significantly different from zero, while the valuation coefficient of domestic firms is four times higher than that obtained on the whole sample. Third, in science-based industries the difference between domestic and foreign firms is smaller than in the other industries. The policy implications of these findings are discussed.

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With the growing recognition of the importance of knowledge creation, knowledge maps are being regarded as a critical tool for successful knowledge management. However, the various methods of developing knowledge maps mostly depend on unsystematic processes and the judgment of domain experts with a wide range of untapped information. Thus, this research aims to propose a new approach to generate knowledge maps by mining document databases that have hardly been examined, thereby enabling an automatic development process and the extraction of significant implications from the maps. To this end, the accepted research proposal database of the Korea Research Foundation (KRF), which includes a huge knowledge repository of research, is investigated for inducing a keyword-based knowledge map. During the developmental process, text mining plays an important role in extracting meaningful information from documents, and network analysis is applied to visualize the relations between research categories and measure the value of network indices. Five types of knowledge maps (core R&D map, R&D trend map, R&D concentration map, R&D relation map, and R&D cluster map) are developed to explore the main research themes, monitor research trends, discover relations between R&D areas, regions, and universities, and derive clusters of research categories. The results can be used to establish a policy to support promising R&D areas and devise a long-term research plan.

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Amsden, A.H. - Tschang, T.F. (2003): A New Approach to Assessing the Technological Complexity of Different Categories of R&D (with Examples from Singapore). Research Policy , 32(4): 553–572. Tschang T

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This article identifies the effects of disinvestment on the R&D activities in South Africa. The importance of the article lies in its relevance for science and trade policy and in the examination of this angle of sanctions against South Africa. The results indicate that foreign owned companies increase their R&D activities as the threat of disinvestment intensifies. The same phenomenon applies to the new management of companies which disinvest. A side finding of importance is the fact that only a small proportion (3%) of the R&D activity in the country is undertaken by foreign owned companies. A number of explanations are offered for the observed behaviours.

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( UNESCO, 2010 ). At the same time, increasing attention has been paid to evaluation and comparative studies. One way to analyze and compare various R&D systems and evaluate their performance is to use qualitative inputs and outputs. These indicators are

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Scientometrics
Authors: Md. Dulal Hossain, Junghoon Moon, Hyoung Goo Kang, Sung Chul Lee, and Young Chan Choe

systems as a coordination system based on interactions between users and producers i.e. interaction between universities and industries with government intervention (Lundvall 1998 ). Research & Development (R&D) plays a key role to build the knowledge

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The structure of R & D in biotechnology is analysed using co-classification analysis of joint subject heading assignments in Derwent BIOTECHNOLOGY ABSTRACTS and subject profile analysis of 44 highly productive biotechnology-intensive organizations whose patents and publications are indexed therein. A Pathfinder Network Analysis reveals two distinct foci in biotechnology R & D-fermentation and genetic engineering-each linked to relevant products and secondary processes. Multidimensional scaling and cluster analysis identified 5 major groupings of companies, research institutes, and patent-holding organizations arranged along two dimensions-industrial fermentation processesvs genetic engineering and biomedicalvs non-biomedical R & D.

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