endogeneity concerns. We analyze a broad set of workhorse models of firm interactions and show that spillovers naturally arise in … random treatment, spillovers lead to an intricate bias, ii) fixed effects can exacerbate the spillover-induced bias. We …

Productivity across European regions is related to three types of networks that mediate R&D-related knowledge … spillovers: trade, co-patenting and geographical proximity. Both our panel and instrumental variable estimations for European … regions suggest that network relations are crucial sources of R&D spillovers, but with potentially different features. While …

spillovers on firm-level productivity are extensively studied in applied work, but not in the context of resource misallocation …We study resource misallocation by explicitly modelling R&D input and knowledge spillovers. The effects of R&D and …. We establish that, in the presence of spillovers, efficient resource allocation requires that more productive firms face …

This paper investigates whether the existence of knowledge spillovers, differences in the capacity of firms to … discrete choice models. The empirical exercise provides evidence on the positive link between spillovers and the innovative … spillovers. This ability not only works through firms' R&D capabilities, but also through such factors as the quality of the …

Using a translog production function we estimate the impact of R&D spillovers on the output performance of Italian … also into account the geographical proximity of firms. Results show that R&D spillovers positively affect firms production …&D spillovers is high in the Centre-South of Italy and that the stock of R&D spillovers is Morishima complement to the stock of R …

This paper investigates whether the existence of knowledge spillovers, differences in the capacity of f rms to … discrete choice models. The empirical exercise provides evidence on the positive link between spillovers and the innovative … spillovers. This ability not only works through f rms’ R&D capabilities, but also through such factors as the quality of the …

In the past decades, intangibles assets have become an important source of productivity and economic growth in … the impact of intangible investments on productivity growth in frontier countries, there is not much evidence for the … productivity at the firm level. Second, the analysis at the firm level and the panel structure of the data allows us to control for …