This paper examines dynamic R&D investment policies and the valuation of R&D programs in a contingent claims framework. We incorporate the following characteristics of R&D programs into our model: learning-by-doing, collateral learning between different projects in the program, interaction...

The main purpose of the study in this paper is to establish to what extent accessibility to R&D and university-educated labor can explain regional export performance. This is done by estimating knowledge production functions, with total export value and number of high-valued exports in Swedish...

Russian universities are increasingly competing for additional sources of funding. This paper proposes a ranking of scientific and practical effectiveness of Russian universities, based on the account of the volume of funds obtained through research and development; the authors assess the...