Browsing Geary Institute by Subject "R&D spillovers"

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Absorptive capacity, R&D spillovers, and public policy

Leahy, Dermot ; Neary, J. Peter (University College Dublin. Institute for the Study of Social Change (Geary Institute), 2003-10-20)

Empirical evidence strongly suggests that R&D increases a firm’s "absorptive capacity" (its ability to absorb spillovers from other firms) as well as contributing directly to profitability. We explore the theoretical ...