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Recent empirical studies of firm-level performance have tested complementarity in the case of multiple practices. These papers have drawn conclusions using potentially biased estimates of pair-wise interaction effects. We develop a consistent and simple testing framework and test it against...
Persistent link: https://www.econbiz.de/10010856335
We analyse the impact of R&D cooperation on firm performance differentiating between four types of R&D partners (competitors, suppliers, customers, and universities & research institutes), and considering two performance measures: labour productivity and productivity in innovative (new to the...
Persistent link: https://www.econbiz.de/10014065736
Persistent link: https://www.econbiz.de/10013124101
We examine the impact of internal and external R&D on labor productivity in a 6-year panel of 304 innovating firms. We apply a dynamic linear panel data model that allows for decreasing returns to scale in internal and external R&D with a non-linear approximation of changes in the knowledge...
Persistent link: https://www.econbiz.de/10014054641