r&d

Determinants of Research and Development and
Intellectual Property Usage among Australian Companies,
1989 to 2002

The paper traces the innovation pathways of new creations from research and development (R&D) activity through to intellectual property applications using enterprise panel data from 1989 to 2002. Results indicate that R&D activity is a highly path dependent process that relies heavily on firm specific effects.

Market Power Versus Efficiency Effects of Mergers and Research Joint
Ventures: Evidence from the Semiconductor Industry

The authors present evidence for the semiconductor industry that research joint ventures (RJVs) indeed represent viable alternatives to mergers. They present evidence that joint ventures, and in particular, RJVs, may achieve comparable efficiencies possibly without the anti-competitive (market power) effects of mergers.

Absorptive Capacity, R&D Spillovers and Public Policy

According to the authors, empirical evidence strongly suggests that research and development (R&D) increases a firms absorptive capacity as well as contributing directly to profitability. The authors specify a general model of the absorptive capacity process and show that costly absorption both raises the effectiveness of own R&D and lowers the effective spillover coefficient.

Industrial R&D Laboratories: Windows on Black Boxes?

The paper provides an overview of the survey-based literature on industrial research and development (R&D) laboratories, beginning with the work of Edwin Mansfield. Topics covered include R&D projects, new products, and new processes; the appropriability of intellectual property; the limits of the firm in R&D; and spillovers of knowledge from other firms and universities into the laboratories.

Internal and External R&D: A Sample Selection Approach

The study explicitly takes into account that the decision to enter into an external research and development (R&D) relationship is related to an antecedent decision to carry out R&D. Based on a sample of Italian manufacturing firms, the results confirm the need to consider explicitly the selectivity issue in the empirical analysis of external R&D.

R&D and Subsidies at the Firm Level: An Application of Parametric and Semi-Parametric Two-Step Selection Models

The paper analyzes the effects of public subsidies on research and development (R&D) expenditure in the German manufacturing sector. The focus is on the question whether public R&D funding stimulates or crowds out private investment.

Evolution of R&D Networks

The paper models the formation of R&D networks in an oligopolistic industry. In particular, it focuses on the co-evolutionary process involving firms technological capabilities, market structure and the network of interfirm technological agreements.