Audretsch, D-B; Menkveld, A-J; Thurik, A-R - NEUHUYS - RESEARCH INSTITUTE FOR SMALL AND MEDIUM - 1996
The purpose of this paper is to identify those factors shaping the decision to engage in external R&D. We use the lens of institutional economics to link the decision to engage in external R&D to both firm - and industry - specific characteristics. In particular, we find that internal and...