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

Patrik Tingvall and Andreas Poldahl ()
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Andreas Poldahl: Statistics Sweden (SCB), Postal: Statistics Sweden (SCB), 701 89 Örebro, Sweden

No 251, Working Paper Series in Economics and Institutions of Innovation from Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies

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.

Keywords: R&D; spillovers; imports; relationship-specific investments (search for similar items in EconPapers)
JEL-codes: L10 L60 O10 O30 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2011-06-03
New Economics Papers: this item is included in nep-cse, nep-ino and nep-sbm
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Related works:
Journal Article: Determinants of Firm R&D: The Role of Relationship-Specific Interactions for R&D Spillovers (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:cesisp:0251

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