Huang, Hung-Yi; Lee, Yun-Chi - In: Applied economics 56 (2024) 27, pp. 3278-3291
This study investigates the impact of crises caused by pandemics on firms' R&D investments. We explore these associations by utilizing a comprehensive cross-country sample of 261,959 firm-year observations collected from 39 countries during five modern health crises (SARS in 2003, H1N1 in 2009,...