R&D Spending: Dynamic or Persistent?
2019
It is well established that the benefits of RD under a dynamic policy, RD the predictable part has no or even positive effects. Finally, our results are more pronounced for firms in higher quantiles of the performance distribution: rather than coping with the negative effects of dynamic allocation, such companies are especially affected by them.
Keywords:
- Correction
- Source
- Cite
- Save
- Machine Reading By IdeaReader
128
References
1
Citations
NaN
KQI