Market structure and the allocation of R&D expenditures

被引:2
作者
Kato, A [1 ]
机构
[1] Aoyama Gakuin Univ, Sch Management, Shibuya Ku, Tokyo 1508366, Japan
关键词
allocation of R&D; basic research; development;
D O I
10.1016/j.econlet.2004.07.023
中图分类号
F [经济];
学科分类号
02 ;
摘要
It is shown that, as the number of firms increases, firms tend to allocate higher budgets for development, relative to basic research. This is in contrast to the results found in Aghion and Howitt (Aghion, P., Howitt, P. 1996. Research and development in the growth process. Jounal of Economic Growth 1, 49-73.). (c) 2004 Elsevier B.V. All rights reserved.
引用
收藏
页码:55 / 59
页数:5
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