This paper analyzes the effects of fiscal incentives and public R&D subsidies on the level of R&D investment. The econometric model of R&D investment is estimated using an unbalanced panel sample of Spanish manufacturing firms in the period 1991-1999. Our results provide evidence that fiscal...

This paper explores the factors that influence the decision to apply R&D fiscal incentives in a sample of Spanish manufacturing firms. The observation that few innovative firms apply these incentives has motivated this analysis. We developed a model considering that behind the decision to use...

This article discusses theoretically why companies cooperate in carrying out their R&D, and doing so with several external agents. From a sample of original equipment manufacturers suppliers (OEMS) located in Catalonia, we checked if they incorporated products innovation, research, design,...

The aim of this work is to analyze the link between variables concerning public financial information and intangibles investment for technological firms. The investigation focuses on firms in Nasdaq-100 index during the 1999-2004 period. Two groups have been obtained by means of cluster analysis...

The Pharmaceutical industry is one of the most intensive sectors in scientific and technological research. Its innovative ability contributes to highly improve in the treatment of illnesses and has an important impact in other industry sectors. For all this reasons it becomes a strategic sector...