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This paper revisits the results of Bloom, Schankerman, and Van Reenen (2013) on the impact of R&D spillovers on growth … of firms' interactions in technology space and product market space. We show that the magnitude of spillovers appears to …
Persistent link: https://www.econbiz.de/10012951906
Government policies to support R&D are predicated on empirical evidence of R&D "spillovers" between firms. But there … are two countervailing R&D spillovers: positive effects from technology spillovers and negative effects from business … stealing by product market rivals. We develop a general framework showing that technology and product market spillovers have …
Persistent link: https://www.econbiz.de/10011125934
The impact of R&D on growth through spillovers has been a major topic of economic research over the last thirty years …. A central problem in the literature is that firm performance is affected by two countervailing "spillovers" : a positive … effect from technology (knowledge) spillovers and a negative business stealing effects from product market rivals. We develop …
Persistent link: https://www.econbiz.de/10011126004
there are two countervailing R&D spillovers: positive effects from technology spillovers and negative effects from business … stealing by product market rivals. We develop a general framework showing that technology and product market spillovers have … product market spillovers operate, but that net social returns are several times larger than private returns. The spillover …
Persistent link: https://www.econbiz.de/10011126438
there are two countervailing R&D spillovers: positive effects from technology spillovers and negative effects from business … stealing by product market rivals. We develop a general framework showing that technology and product market spillovers have … product market spillovers operate, but that net social returns are several times larger than private returns. The spillover …
Persistent link: https://www.econbiz.de/10011071197
there are two countervailing R&D spillovers: positive effects from technology spillovers and negative effects from business … stealing by product market rivals. We develop a general framework showing that technology and product market spillovers have … product market spillovers operate, but that net social returns are several times larger than private returns. The spillover …
Persistent link: https://www.econbiz.de/10005662082
spillovers from multinationals to domestic firms justify pro-FDI policies. For the first time, we use firm-to-firm transaction … superstars intensive in R&D, IT and/or human capital. In addition to productivity spillovers, we document the transmission of …
Persistent link: https://www.econbiz.de/10014289451
spillovers from multinationals to domestic firms justify pro- FDI policies. For the first time, we use firm-to-firm transaction … superstars intensive in R&D, IT and/or human capital. In addition to productivity spillovers, we document the transmission of …
Persistent link: https://www.econbiz.de/10014250146
' hypothesis that foreign research labs located on US soil tap into US R&D spillovers and improve home country productivity. Using …
Persistent link: https://www.econbiz.de/10010293047
What is the optimal form of firm organization during "bad times"? Using two large micro datasets on firm decentralization from US administrative data and 10 OECD countries, we find that firms that delegated more power from the Central Headquarters to local plant managers prior to the Great...
Persistent link: https://www.econbiz.de/10011653434