@techreport{discovery1503409, month = {March}, year = {2016}, address = {Brussels}, booktitle = {Science, Research and Innovation performance of the EU. A contribution to the Open Innovation, Open Science, Open to the World agenda, DG for Research and Innovation, European Commission}, note = {{\copyright} European Union 2016. Reproduction is authorised provided the source is acknowledged.}, title = {The role of public research in economic development}, pages = {119--139}, series = {Science, research and innovation performance of the EU, A contribution to the open innovation, open science, open to the world agenda : 2016}, publisher = {Publications Office of the European Union}, author = {Radosevic, S}, keywords = {public R\&D, science - industry links, central and eastern europe, South EU, R\&D and growth}, abstract = {The chapter explores the effects of public R\&D on productivity and growth. We summarise the main stylised facts and show that our understanding of the benefits of public R\&D is limited and that a broader approach is needed which takes account of a wider range of benefits from public R\&D. Specifically, we explore these issues in the context of Central and Eastern Europe (CEE) and Southern Europe as two EU 'catching-up' regions. We show that the links between science and industry in these regions are stronger than is commonly assumed, but that we need a better understanding of the nature of these links and their intensity.?}, url = {https://data.europa.eu/doi/10.2777/427046} }