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Author: | DeCourcy, J. |
Title: | Research joint ventures and international competitiveness: evidence from the national cooperative research act |
Journal: | Economics of innovation and new technology
2007 : JAN-MAR, VOL. 16:1-2, p. 51-65 |
Index terms: | competitiveness R&D visible balance |
Language: | eng |
Abstract: | This paper studies the National Cooperative Research Act (NCRA). It examines the extent to which NCRA has been able to give American companies engaged in cooperative research and development (R&D) an edge over the competition with foreign companies. In the article, panel data on industry balance of trade and cooperative R&D is studied. The findings of the study indicate that industries involved in cooperative R&D have a significantly higher trade balance than industries without cooperative R&D participants. Higher trade balance may be seen as testimony to improved competitiveness. |
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