@article {2902,
	title = {Can we benchmark the contribution of research and development investment to growth and competitiveness?},
	journal = {Science and Public Policy},
	volume = {28},
	year = {2001},
	pages = {295-302},
	abstract = {This paper suggests that there is no universal model we can use to quantify the impact of R\&amp;D on growth and competitiveness. The design and effectiveness of policies are crucial in this relationship and their effects may be anything from a spectacular success to total misallocation of resources. Selected variables are suggested for benchmarking, such as business R\&amp;D, a good share of new-technology based (small) firms and bigger companies, the education and mobility of the labour force and the creation of effective intermediaries that facilitate interaction, as well as a process of restructuring. However, dangers are also associated with such a benchmarking approach, if recommendations neglect path dependencies and apparently best practices are transferred without adaptation.},
	url = {http://spp.oxfordjournals.org/content/28/4/295.short},
	author = {Lena Tsipouri}
}
