This paper investigates empirically firm investment behavior in research and development (R&D). Firms make investments in R&D in order to produce innovations. These innovations in turn improve the firm's future productivity level, pro tability and incentives to invest in R&D. Using German...

Recent years have shown a surge of firms globalising their innovation activities in order to gain from international knowledge. This paper evaluates this strategy by investigating whether firms with international R&D are more innovative than firms doing R&D only in their home country. One main...

Recent years have shown a surge of firms globalising their innovation activities in order to gain from international knowledge. This paper evaluates this strategy by investigating whether firms with international R&D are more innovative than firms doing R&D only in their home country. One main...

We review the econometric literature on measuring the returns to R&D. The theoretical frameworks that have been used are outlined, followed by an extensive discussion of measurement and econometric issues that arise when estimating the models. We then provide a series of tables summarizing the...

This study examines whether the transfer of knowledge flows from universities to enterprises in Canada is hampered by the geographical distance that separates them. The transfer of knowledge flows are measured by the amount of R&D payments from business enterprises to universities that are...

This paper compares the effects of management practices and innovation on productivity, using data from the fifth round of the EBRD-WB Business Environment and Enterprise Performance Survey, a unique firm-level survey covering 30 mostly developing countries in eastern Europe and Central Asia in...