As the most comprehensive resource available for those involved in technology-based economic development, SSTI offers the services that are needed to help build tech-based economies. Learn more about membership...
Spillovers Reconsidered: Analysing Economic Welfare Under Complementarities in R&D
The author analyses economic welfare in R&D intensive industries under varying assumptions on the spillover process. The focus lies on spillover processes with complementary R&D investments such as those modelling absorptive capacity.
Link
http://econwpa.wustl.edu:80/eps/io/papers/0503/0503007.pdf