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Foreign and Domestic R&D Investment
The authors draw on the technological opportunity, appropriability, and demand framework suggested by Cohen and Klepper (1996) to develop a simple model of foreign and domestic R&D investment. The empirical results confirm that the foreign R&D ratio depends on relative technological opportunities, relative demand conditions, and a proxy for firm-level R&D productivity.
Geography
Link
http://hi-stat.ier.hit-u.ac.jp/research/discussion/2005/pdf/D05-140.pdf