The Decision Between Internal and External R&D
David Audretsch (daudrets@indiana.edu),
Albert Menkveld and
Roy Thurik
Working Papers from NEUHUYS - RESEARCH INSTITUTE FOR SMALL AND MEDIUM
Abstract:
The purpose of this paper is to identify those factors shaping the decision to engage in external R&D. We use the lens of institutional economics to link the decision to engage in external R&D to both firm - and industry - specific characteristics. In particular, we find that internal and external R&D tend to be complements in high-technology industries but substitutes in low-technology industries.
Keywords: RESEARCH AND DEVELOPMENT; DECISION MAKING (search for similar items in EconPapers)
JEL-codes: D81 O32 (search for similar items in EconPapers)
Pages: 19 pages
Date: 1996
References: Add references at CitEc
Citations: View citations in EconPapers (41)
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:fth:miklrr:9603/e
Access Statistics for this paper
More papers in Working Papers from NEUHUYS - RESEARCH INSTITUTE FOR SMALL AND MEDIUM RESEARCH INSTITUTE FOR SMALL AND MEDIUM-SIZED BUSINESS IN THE NETHERLANDS, NEUHUYS..
Bibliographic data for series maintained by Thomas Krichel (krichel@openlib.org).