Does Innovation Encourage Investment in Fixed Capital?

This paper presents an empirical investigation of the hypothesis that increased R&D; expenditure by companies generates a subsequent increase in fixed capital investment both within the same companies and in the companies which they supply. We use an investment framework which involves model...

Бүрэн тодорхойлолт

Номзүйн дэлгэрэнгүй
Үндсэн зохиолчид: Nickell, S, Nicolitsas, D
Формат: Working paper
Хэл сонгох:English
Хэвлэсэн: Centre for Economic Performance, LSE, 1996