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R&D expenditure, market structure and "technological regimes" in Chilean manufacturing industry

Author

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  • Gustavo Crespi
  • Jorge Katz

Abstract

This research submits evidence on the nature of the accumulation of knowledge in Chilean manufacturing industry. Microeconomic data shows that factors which are both firm and the industry specific are relevant to the decisions to invest in innovation. Among the former it is worth mentioning the age of the plants and the past investment decisions; among the latter, market structure is meaningful. Furthermore, the evidence also shows that the pattern of accumulation of knowledge differs according to the scale, which leads to the existence of two differentiated technological regimes.

Suggested Citation

  • Gustavo Crespi & Jorge Katz, 1999. "R&D expenditure, market structure and "technological regimes" in Chilean manufacturing industry," Estudios de Economia, University of Chile, Department of Economics, vol. 26(2 Year 19), pages 163-186, December.
  • Handle: RePEc:udc:esteco:v:26:y:1999:i:2:p:163-186
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    Citations

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    Cited by:

    1. Roberto Alvarez & Claudio Bravo-Ortega & Lucas Navarro, 2010. "Innovation, R&D Investment and Productivity in Chile," Research Department Publications 4691, Inter-American Development Bank, Research Department.
    2. Muscio, Alessandro & Nardone, Gianluca & Stasi, Antonio, 2012. "Perceived Technological Regimes: An Empirical Analysis of the Apulian Wine Industry," 2012 International European Forum, February 13-17, 2012, Innsbruck-Igls, Austria 144969, International European Forum on System Dynamics and Innovation in Food Networks.
    3. Molina-Domene, María A. & Pietrobelli, Carlo, 2012. "Drivers of technological capabilities in developing countries: An econometric analysis of Argentina, Brazil and Chile," Structural Change and Economic Dynamics, Elsevier, vol. 23(4), pages 504-515.

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