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This study uses firm level data from two detailed surveys of Italian manufacturing firms to study the relationship …&D (product, process, internal, external in collaboration with universities, research centres and other firms) to Total Factor … Productivity (TFP). Thus, this paper answers the call for more research on the links between a firm's external R&D and its …
Persistent link: https://www.econbiz.de/10011591283
's research activities, the NBB conducted an ad hoc survey in 2005, covering pharmaceutical companies active in Belgium in the … field of research, production and distribution of drugs for human use. The analysis of the information obtained from that … survey makes up the main body of this working paper. The survey results do not only confirm the importance of the research …
Persistent link: https://www.econbiz.de/10011618278
A new method for constructing R&D capital stocks is proposed. Following Schumpeter, the development of R&D capital stocks is modelled as a process of creative destruction. Newly generated knowledge is assumed not only to add to the existing R&D capital stocks but also, by displacing old...
Persistent link: https://www.econbiz.de/10011436456
business services are believed to be one of the main drivers of technical changes and economic progress. Looking at the labour …
Persistent link: https://www.econbiz.de/10011445015
Many writers have claimed that R&D has two 'faces'. In addition to the conventional role of stimulating innovation, R&D enhances technology transfer by improving the ability of firms to learn about advances in the leading edge ('absorptive capacity'). In this paper we document that there has...
Persistent link: https://www.econbiz.de/10011537553
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Current explanations why a growing economy necessarily goes through booms and recessions predict countercyclical R&D investment. As this is very controversial from an empirical perspective, a stochastic Poissonmodel of endogenous business cycles and growth is presented where the determinants of...
Persistent link: https://www.econbiz.de/10010506639
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