Maskus, Keith E.; Neumann, Rebecca; Seidel, Tobias - In: European Economic Review 56 (2012) 1, pp. 72-83
We examine the impacts of both domestic and international financial market development on R&D intensities in 22 manufacturing industries in 18 OECD countries for the period 1990–2003. We take account of such industry characteristics as the need for external financing and the amount of tangible...