Wamae, Watu - United Nations University-Maastricht Economic Research … - 2006
assimilate and exploit; θ is the
extent to which research efforts of firms spillover into the public domain i.e. intra … is critical for
i
γ build up: the marginal effect of
i
m on
i
γ is large
whenβ is large, thus, small amounts of
i
m … higher β implies a lower
i
γ , however, there will be a higher marginal effect of
i
m on
i
γ . In addition, as external …