Cassiman, Bruno; Pérez-Castrillo, J David; Veugelers, … - C.E.P.R. Discussion Papers - 2000
In this Paper we carefully link knowledge flows to and from a firm’s innovation process with this firm’s investment … knowledge flows and these incoming spillovers serve to increase the efficiency of own applied research. The firm can at the same … time influence outgoing knowledge flows, improving appropriability of its innovations, by investing in protection. Our …