R&D; Spillovers and the Case for Industrial Policy in an Open Economy.

In this paper we consider the case for subsidies towards firms which generate R&D; spillovers in open economies. We show that many expected results are overturned in the presence of strategic behaviour by firms. Local R&D; spillovers to other domestic firms may justify an R&D...

وصف كامل

التفاصيل البيبلوغرافية
المؤلفون الرئيسيون: Leahy, D, Neary, J
التنسيق: Working paper
اللغة:English
منشور في: Centre for Economic Performance, LSE 1997

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