Bloom, Nicholas; Van Reenen, John; Lucking, Brian - 2018
This paper revisits the results of Bloom, Schankerman, and Van Reenen (2013) examining the impact of R&D on the … magnitude of R&D spillovers appears to have been broadly similar in the second decade of the 21st Century as it was in the mid …-1980s. However, there does seem to have been some increase in the wedge between marginal social returns to R&D and marginal …