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Determinants of Firm R&D: The Role of Relationship-specific Interactions for R&D Spillovers
KTH, School of Industrial Engineering and Management (ITM), Industrial Economics and Management (Dept.), Economics. KTH, School of Industrial Engineering and Management (ITM), Centres, Centre of Excellence for Science and Innovation Studies, CESIS.
2011 (English)Report (Other academic)
Abstract [en]

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.

Place, publisher, year, edition, pages
CESIS, KTH Royal Institute of Technology , 2011. , 24 p.
CESIS Working Paper Series in Economics and Institutions of Innovation, 251
Keyword [en]
R&D, spillovers, imports, relationship-specific investments
National Category
URN: urn:nbn:se:kth:diva-67444OAI: diva2:484955
QC 20120213Available from: 2012-02-13 Created: 2012-01-27 Last updated: 2012-02-13Bibliographically approved

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CESISWP251(592 kB)300 downloads
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Type fulltextMimetype application/pdf

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Gustavsson Tingvall, Patrik
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EconomicsCentre of Excellence for Science and Innovation Studies, CESIS

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