Belderbos R.A.; Lokshin B.; Sadowski B. - Graduate School of Business and Economics (GSBE), … - 2015
foreign RD depend on the relative position of the home country with respect to the global technology frontier and the related … augmented production function framework allowing for productivity convergence and declining returns to RD. We confirm that for … firms active in industries in which the home country is behind the global technology frontier, foreign RD provides positive …