This paper presents estimates of the long-term impact of various sources of knowledge (R&D performed by the business sector, the public sector and foreign firms) on multifactor productivity growth of 16 countries from 1980 to 1998. The main results show that the three sources of knowledge are...

This paper provides an update of the paper 'From R&D to Productivity Growth: Do the Institutional Settings and the Source of Funds of R&D Matter?' (Guellec and van Pottelsberghe 2004). We present estimates of the long-term impact of various sources of knowledge (R&D performed by the business...