Bye, Brita; Fæhn, Taran; Grünfeld, Leo A. - 2008
Research and development (R&D) play a pivotal role for innovation and productivity growth, and knowledge spillovers can … make the case for public support to private R&D. In small and open economies, absorption of foreign knowledge through … interplay. In particular, the firms' capacity to absorb knowledge from abroad depends on domestic R&D, and this reinforces the …