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The present paper studies the relationship between R&D investment and firm productivity growth by explicitly accounting … for non-linearities in the R&D-productivity relationship and inter-sectoral firm heterogeneity. In order to address these …. Our results suggest that: (i) R&D investment increases firm productivity with an average elasticity of 0.15; (ii) the …
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Do firms in the same sector converge towards the same R&D intensities? Previous research has often assumed this to be true. A closer examination, using microdata from the EU Industrial R&D Investment Scoreboard for the years 2000-2015, shows a large amount of heterogeneity in R&D intensities...
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