'Public' Funds for 'Private' R&D-Case of PATSER

6 Pages Posted: 9 Jun 2008

See all articles by A. S. Rao

A. S. Rao

Indian Innovators Association

Abstract

Today, Public policy apart from addressing the concerns/aspirations of the nation, must also be WTO complaint. All the subsidies are on the chopping mat, exceptions are few. One such an exception is subsidy to R&D. This article gives a (Indian) historical perspective on this subject. The objective is to inform the uninformed and convince the informed about the positive benefits of providing R&D subsidy to private commercial undertakings.

Keywords: R&D, Commercial innovation, Matching grant, Public policy, Innovation system

JEL Classification: D81, D82, G18, L98, M13, O14, O31, O32, O33, O38

Suggested Citation

Subbarao, Aynampudi, 'Public' Funds for 'Private' R&D-Case of PATSER. Available at SSRN: https://ssrn.com/abstract=1142308 or http://dx.doi.org/10.2139/ssrn.1142308

Aynampudi Subbarao (Contact Author)

Indian Innovators Association ( email )

New Delhi
India

HOME PAGE: http://www.indiainvents.in

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