Czarnitzki, Dirk; Etro, Federico; Kraft, Kornelius - Dipartimento di Economia, Metodi Quantitativi e … - 2009
threat in a market induces the average firm to invest less in R&D and the incumbent leader to invest more than the average … (the Mannheim Innovation Panel). In line with our predictions, endogenous entry threats perceived by the firms reduce R&D … for the protection of IPRs, are positively related to R&D intensity. These results hold after a number of robustness tests …