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Determinants of Firm R&D: The Role of Relationship-specific Interactions for R&D Spillovers
Centre of Excellence for Science and Innovation Studies (CESIS) and Stockholm School of Economics.ORCID iD: 0000-0001-9542-9106
Statistics Sweden.
2012 (English)In: Journal of Industry, Competition and Trade, ISSN 1566-1679, E-ISSN 1573-7012, Vol. 12, no 4, 395-411 p.Article in journal (Refereed) Published
Abstract [en]

Research and Development (R&D) is a key component behind technological development and economic growth; therefore, understanding the drivers of R&D is crucial. An interesting question is the role of technology spillovers, transferred by trade, and their impact on firm R&D. Here we analyze not only how international and domestic inter- and intra-industry technology spillovers affect firm R&D but also the relatively unexplored issue of how relationship-specific interactions between buyer and seller affect such spillovers. We find international technology spillovers to be larger and more significant than domestic inter- and intra-industry spillovers. Moreover, relationship-specific interactions between seller and buyer enhance technology spillovers in general and international spillovers in particular.

Place, publisher, year, edition, pages
2012. Vol. 12, no 4, 395-411 p.
Keyword [en]
R&D; spillovers; imports; relationship-specific investments;
National Category
Economics
Research subject
Politics, Economy and the Organization of Society; Politics, Economy and the Organization of Society
Identifiers
URN: urn:nbn:se:sh:diva-27327DOI: 10.1007/s10842-011-0112-7Scopus ID: 2-s2.0-84869082005OAI: oai:DiVA.org:sh-27327DiVA: diva2:809942
Available from: 2015-05-05 Created: 2015-05-05 Last updated: 2017-05-31Bibliographically approved

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