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

Patrik Tingvall and Andreas Poldahl ()

Journal of Industry, Competition and Trade, 2012, vol. 12, issue 4, 395-411

Abstract: 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. Copyright Springer Science+Business Media, LLC 2012

Keywords: R&D; spillovers; imports; relationship-specific investments; L1; L6; O1; O3 (search for similar items in EconPapers)
Date: 2012
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Working Paper: Determinants of Firm R&D: The Role of Relationship-specific Interactions for R&D Spillovers (2011)
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DOI: 10.1007/s10842-011-0112-7

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