Peters, Bettina; Roberts, Mark J.; Vuong, Van Anh; … - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013
Using firm-level data from the German manufacturing sector, we estimate a dynamic, structural model of the firm's decision to invest in R&D and quantify the cost and longrun benefit of this investment. The model incorporates and quantifies linkages between the firm's R&D investment, product and...
