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Tekijä:Grünfeld, L. A.
Otsikko:Meet me halfway but don't rush: absorptive capacity and strategic R&D investment revisited
Lehti:International Journal of Industrial Organization
2003 : OCT, VOL. 21:8, p. 1091-1109
Asiasana:R&D
Investments
Vapaa asiasana:R&D spillovers
Absorptive capacity
Kieli:eng
Tiivistelmä:The authors analyse how R&D investment decisions are affected by R&D spillovers between firms, taking into consideration that more R&D investment improves the ability to learn from competing firms - the so-called absorptive capacity effect of R&D. They show that absorptive capacity effects of own R&D do not necessarily drive up the incentive to invest in R&D. This only happens when the market size is small or the absorptive capacity effect is weak.
SCIMA tietueen numero: 252906
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