@techreport{NBERw6040, title = "The Impact and Organization of Publicly-Funded Research and Development in the European Community", author = "Maryann P. Feldman and Frank R. Lichtenberg", institution = "National Bureau of Economic Research", type = "Working Paper", series = "Working Paper Series", number = "6040", year = "1997", month = "May", URL = "http://www.nber.org/papers/w6040", abstract = {This paper examines R&D activities in the European Community using the Community R&D Information Service (CORDIS) databases. We find that a country's private companies tend to be specialized in the same scientific fields as its universities and public organizations. In addition, we construct indicators of the degree of R&D tacitness and find that greater expected ability to communicate research outcomes encourages less centralized R&D programs. Programs that yield tangible results are less geographically and administratively centralized. The more that research leads to codifiable knowledge, the less centralized R&D activity needs to be.}, }