Using evidence collected on the R&D activities of MNEs in the pharmaceutical sector, this paper analyses the challenges associated with complexities of promoting and integrating knowledge flows in the face ofinter-unit geographical, organizational and technological distance.
This paper aims at assessing the impact of R&D activities on the number of patents applied by Belgian R&D manufacturing firms in the mid nineties. The paper extends previous work on the R&D-patent relationship by distinguishing different types as well as sources of financing of R&D activities.
Much of the literature on the impact of R&D on economic performance is founded on the advanced countries, where the intensity of R&D expenditure has been relatively high and stable for many years. In this paper, the authors provide empirical estimates of the impact of R&D on the economic growth of a Newly Industrialised Economy, Singapore, where R&D expenditure intensity has been low initially, bur rising rapidly in recent years.
In this paper the authors estimate the dynamic relationship between employment in R&D and generation of knowledge as measured by patent applications across OECD countries. In several recently developed models, known as `idea-based models of growth, the afore mentioned "idea-generating" process is the engine of productivity growth.
Whether financial returns to university licensing divert faculty from basic research is examined in a life cycle context. As in traditional life cycle models, faculty devote more time to research, which can be either basic or applied, early and more time to leisure as they age.
This article studies the relationship between the presence of large shareholders in the ownership structure of firms and R&D investment. In the analysis, the authors consider the influence of three types of blockholders: banks, non-financial corporations, and
individuals.
The authors develop a model that clarifies the respective advantages and disadvantages of academic and private-sector research. Results indicate that by serving as a precommitment mechanism that allows scientists to freely pursue their own interests, academia can be indispensable for early-stage research. At the same time, the private sector’s ability to direct scientists towards higher-payoff activities makes it more attractive for later-stage research.
In this paper, the authors estimate the dynamic relationship between employment in R&D and generation of knowledge as measured by patent applications across OECD countries.
This paper presents an endogenous growth model that explains the evolution of the first and second moments of productivity growth at the aggregate and firm level during the post-war period.
According to the National Science Foundations biennial survey of Science and Engineering Research Facilities, research-performing colleges and universities reported an 11 percent increase in the amount of research space from FY 2001 to FY 2003, for a total of approximately 173 million net assignable square feet.