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Firm-level Human Capital and Innovation: Evidence from China

Sun, Xiuli; Li, Haizheng; Ghosal, Vivek - 2017

include skilled human capital (number of highly educated workers), general manager’s education and tenure, and management team …’s education and age. We find that skilled human capital has a significant positive effect on firms’ innovation, while the … role in firm innovation in metropolitan cities, while it is the General Manager’s education that has a positive and …

Persistent link: https://www.econbiz.de/10011615925

International R&D Spillovers and Marginal Social Returns on R&D

Ogawa, Kazuo; Sterken, Elmer; Tokutsu, Ichiro - 2016

divide the aggregate R&D stock by the business, government and education sectors and examine the impact on Total Factor …

Persistent link: https://www.econbiz.de/10011584954

A strategic R&D investment with flexible development time in real option game analysis

Villani, Giovanni - 2009

The real option theory provides a useful tool to evaluate an R&D investment under uncertainty because, unlike the NPV (Net Present Value), it considers the managerial flexibility that may be expand the investment opportunity value. However, most R&D investment projects are open to competing...

Persistent link: https://www.econbiz.de/10010266007

Dynamic Models of R&D, Innovation and Productivity: Panel Data Evidence for Dutch and French Manufacturing

Raymond, Wladimir; Mairesse, Jacques; Mohnen, Pierre; … - 2013

This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly been estimated on cross-sectional data. It considers four nonlinear dynamic simultaneous equations models that include individual effects and idiosyncratic errors correlated...

Persistent link: https://www.econbiz.de/10010317010

Patent Breadth in an International Setting

Bond, Eric; Zissimos, Benjamin - 2017

We examine the Nash equilibria of a game where two national governments set patent breadth strategically. Broader patents make R&D more attractive, but the effect on static efficiency is nonmonotonic. In a North.South model, where only the North can innovate, harmonization of patent breadth...

Persistent link: https://www.econbiz.de/10011657132

R&D Spillovers through RJV Cooperation

Banal-Estañol, Albert; Duso, Tomaso; Seldeslachts, Jo; … - 2020

We investigate the dimensions through which R&D spillovers are propagated across firms via cooperation through Research Joint Ventures (RJVs). We build on the framework developed by Bloom et al. (2013) which considers the opposing effects of technology spillovers and product market rivalry, and...

Persistent link: https://www.econbiz.de/10012269577