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The Cost of Industrial Research and Development

In: Industrial Innovation and Firm Performance

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Abstract

It has long been recognized that R&D plays a key role in the global battle for technological leadership. However, due to intense competition and rivals’ imitations, firms are not always able to reap rewards from their innovations. Mario Kafouros theoretically and empirically examines the impacts of innovation and scientific knowledge on the productivity performance of multinational corporations, and the conditions under which companies benefit from their technological discoveries. The book also investigates the extent to which the research efforts of other companies can contribute to a firm’s productivity, and how multinationals build on external inventions, ideas and knowledge.

Suggested Citation

  • ., 2008. "The Cost of Industrial Research and Development," Chapters, in: Industrial Innovation and Firm Performance, chapter 5, pages 53-61, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:12687_5
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    Cited by:

    1. Bastien Bernela & Rachel Levy, 2017. "Collaboration networks within a French cluster: Do partners really interact with each other?," Papers in Regional Science, Wiley Blackwell, vol. 96(1), pages 115-138, March.
    2. Tang, Cheng Keat & Gibbons, Stephen, 2024. "Are friends electric? Valuing the social costs of power lines using house prices," Energy Economics, Elsevier, vol. 134(C).

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