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Fundamental R&D Spillovers and The Internationalization of A Firms Research Activities
The report proposes a conceptual framework for analyzing how differences in national research and development (R&D) stocks can impact a firms decision to internationalize its R&D activities. A central finding is that the integration of product markets can generate an added incentive to undertake R&D abroad.
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Available for purchse at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=415503