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Persistent link: https://www.econbiz.de/10003712666

The productivity effects of internal and external R&D : evidence from a dynamic panel data model

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Internal and External R&D : Complements or Substitutes? Evidence from a Dynamic Panel Data Model

Lokshin, Boris; Belderbos, René; Carree, Martin A. - 2006

We examine the impact of internal and external R&D on labor productivity in a 6-year panel of 304 innovating firms. We apply a dynamic linear panel data model that allows for decreasing returns to scale in internal and external R&D with a non-linear approximation of changes in the knowledge...

Persistent link: https://www.econbiz.de/10014054641

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