Please provide some examples/cases of R&D policies in a certain country or region to demonstrate the one of the deficiencies as listed in figure:

Box 4.2 KNOWLEDGE PRODUCTION, RESEARCH, AND DEVELOPMENT: MAIN IMBALANCES AND DEFICIENCIES Inadequate levels of REID investments Poor complementarity of REID investments High levels of uncertainty and large time lag between investment and private returns The "research paradox' and low levels of social rate of return of research