Oliveira, Blandina; Fortunato, Adelino - Grupo de Estudos Monetários e Financeiros (GEMF), … - 2005
Considering a dynamic firm growth model with serial correlation this work studies the effects of R&D activities and investment, both physical and R&D, on the growth of firms. The main hypotheses maintain that firms with a strong commitment to R&D have higher rate of growth and investment has a...