Many writers have claimed that R&D has two 'faces'. In addition to the conventional role of stimulating innovation, R … important in this catch up process as well as stimulating innovation directly. Trade, by contrast, plays a more modest role in …

Many writers have claimed that R&D has two 'faces'. In addition to the conventional role of stimulating innovation, R … important in this catch up process as well as stimulating innovation directly. Trade, by contrast, plays a more modest role in …

The two aspects of research and development (R&D) involving the stimulation of innovation and the facilitation of …-1990. An empirical framework is used in which innovation and technology transfer provide two potential sources of productivity … innovation and technology transfer across a wide range of specifications. Conclusions show econometric evidence that the impact …