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's research activity causes, via the creation of inventions, subsequent investment into fixed capital, as the firm needs …, a 2SLS approach to uncover the direction of causality between R&D and fixed capital investment. In order to obtain … turn out to be complementary to fixed capital investment, in the sense that they markedly increase the expected return on …
Persistent link: https://www.econbiz.de/10011429511
's research activity causes, via the creation of inventions, subsequent investment into fixed capital, as the firm needs …, a 2SLS approach to uncover the direction of causality between R&D and fixed capital investment. In order to obtain … turn out to be complementary to fixed capital investment, in the sense that they markedly increase the expected return on …
Persistent link: https://www.econbiz.de/10011582407
This paper analyzes the impact of globalization on the allocation of public and private resources for research, knowledge creation and diffusion. We argue that while the concentration of research investments remains in a relatively small number of rich countries and regions, the focus of such...
Persistent link: https://www.econbiz.de/10005150780
This paper analyzes the impact of globalization on the allocation of public and private resources for research, knowledge creation and diffusion. We argue that while the concentration of research investments remains in a relatively small number of rich countries and regions, the focus of such...
Persistent link: https://www.econbiz.de/10010712149
Persistent link: https://www.econbiz.de/10012511236
Persistent link: https://www.econbiz.de/10010254717
Persistent link: https://www.econbiz.de/10011496741
What is the policy uncertainty surrounding expiring taxes? How uncertain are the approvals of routine extensions of temporary tax policies? To answer these questions, I use event studies to measure cumulative abnormal returns (CARs) for firms that claimed the U.S. research and development (R&D)...
Persistent link: https://www.econbiz.de/10011932265
Persistent link: https://www.econbiz.de/10011880652
Persistent link: https://www.econbiz.de/10011702727