Determinants of Firm R&D: The Role of Relationship-Specific Interactions for R&D Spillovers

Journal of Industry, Competition and Trade - Tập 12 - Trang 395-411 - 2011
Patrik Gustavsson Tingvall1, Andreas Poldahl2
1Centre of Excellence for Science and Innovation Studies (CESIS) and Stockholm School of Economics, Stockholm, Sweden
2Statistics Sweden (SCB), Örebro, Sweden

Tóm tắt

Research and Development (R&D) is a key component behind technological development and economic growth; therefore, understanding the drivers of R&D is crucial. An interesting question is the role of technology spillovers, transferred by trade, and their impact on firm R&D. Here we analyze not only how international and domestic inter- and intra-industry technology spillovers affect firm R&D but also the relatively unexplored issue of how relationship-specific interactions between buyer and seller affect such spillovers. We find international technology spillovers to be larger and more significant than domestic inter- and intra-industry spillovers. Moreover, relationship-specific interactions between seller and buyer enhance technology spillovers in general and international spillovers in particular.

Tài liệu tham khảo

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