Determinants of internal and external R&D: some Dutch evidence


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pp 279-289.
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Innovating firms can choose to engage in either internal or external R&D, or in both. In the current study, we shall examine internal and external R&D separately to determine empirically the market structure characteristics explaining the external R&D share and the differences in market structure determinants between internal and external R&D. Our results indicate that a government policy that aims at stimulating technological progress by offering external research facilities is particularly interesting for smaller, capital-intensive firms operating in less concentrated markets.



Keywords


Automatically Extracted Terms
  • market
  • intensity
  • firm size
  • market structure characteristics
  • research
  • structure
  • innovation
  • industry
  • capital intensity
  • r &d intensities
  • market concentration
  • concentration
  • capital
  • result
  • project
  • labour
  • power
  • determinant
  • characteristic
  • market structure