Capabilities and Investment in R&D: An Analysis on European Data

Publicado en

  • Structural Change and Economic Dynamics

Resumen

  • In this paper we test the effect of technological capabilities (accumulated knowledge and organization/production routines) on the R&D intensiTY for a panel of European industries. Our proxy for capabilities is the distance from the technological frontier. Estimation is carried out with System Generalized Methods of Moments and is robust to various specifications. Our identification strategy is limited to the average (reduced form) effect.

fecha de publicación

  • 2014

Página inicial

  • 101

Última página

  • 111

Volumen

  • 31

Issue

  • C