Arora, Ashish; Ceccagnoli, Marco; Rin, Marco Da - IGIER (Innocenzo Gasparini Institute for Economic …
We contribute a novel approach to the existing literature on the effects of restructuring on R&D investment by focussing on a single industry, chemicals. The chemical industry is very research intensive and has experienced thorough restructuring since the early 1980s. By focussing on a single...