r&d

R&D and Development

The authors trace the evolution of research and development (R&D) expenditures along the development process using a new global panel data set. The first part shows that R&D effort measured as a share of GDP rises with development at an increasing rate. It then examines how four groups of countries from Latin America, Asia, advanced manufacturing exporters and advanced natural resource abundant countries fare relative to the predicted development trajectory.

Learning, Internal Research, and Spillovers: Evidence from a Sample of Industrial R&D Laboratories

The paper presents new evidence on the practice of industrial research and development (R&D), specifically the allocation between learning and internal research, and the role of outside knowledge, as represented by R&D spillovers in reshaping this allocation.

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.

Does R&D Cooperation Facilitate Price Collusion? An Experiment

A two-stage duopoly model with a research and development (R&D) stage and a technological spillovers and a pricing stage is used to examine the impact of R&D cooperation on prices in experimental duopoly markets. The report concludes that for both spillover levels, the prices are higher in periods where R&D contracts are committed to.