Showing 1 - 2 of 2
' innovation behaviours can be analysed and exploited in order to assess the technological performance of the economy. Three … empirical applications using French data are derived from the previous argument. Our results show first that innovation is … highly persistent. Moreover benefits (in terms of productivity) resulting from innovation are differentiated according to the …
Persistent link: https://www.econbiz.de/10008539964
We use a French firm-level panel data set over the period 1993-2004 to analyze the relationship between credit constraints and firms' R&D behavior over the business cycle. Our main results can be summarized as follows: (i) the share of R&D investment over total investment is countercyclical...
Persistent link: https://www.econbiz.de/10008528504