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We develop a model where temporary non-technology shocks can lead to permanent changes in the rate of growth of total factor productivity (TFP). The key ingredient of the model is a matching processes between basic researchers, product developers, and the stock of knowledge of the economy. In...
Persistent link: https://www.econbiz.de/10014438716
Research and development (R&D) expenditure in Germany decreased by 5.3 percent overall in 2020 compared to 2019. While … the OECD countries actually slightly increased their R&D expenditure on average for the first time in a crisis-ridden year … sector, suffered particularly. The decline in R&D personnel, however, was lower. Even before 2020, German industrial research …
Persistent link: https://www.econbiz.de/10013532039
The theoretical discussion concerning the question whether the incumbent or the (potential) entrant invests more into R&D has attracted considerable interest. This paper reports the results of an empirical study on this question using data of about 3500 German firms over the years 1992 to 1995....
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capital expenditure, employment expenditure, and research and development) in South Africa, as little was known about this …Researchers in developed countries have questioned whether share repurchase activity influences internal investment …. The aim of this study was to investigate the relationship between share repurchases and internal investment (defined as …
Persistent link: https://www.econbiz.de/10014419430
The theoretical discussion concerning the question whether the incumbent or the (potential) entrant invests more into R&D has attracted considerable interest. This paper reports the results of an empirical study on this question using data of about 3500 German firms over the years 1992 to 1995....
Persistent link: https://www.econbiz.de/10013428313
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