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Determinants of Firm R&D: The Role of Relationship-specific Interactions for R&D Spillovers

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  • Tingvall, Patrik Gustavsson

    (CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology)

  • Poldahl, Andreas

    (Statistics Sweden (SCB))

Abstract

Research and Development (R&D) is a key component behind technological development and economic growth; therefore, understanding the drivers of R&D is crucial. An interesting question is the role of technology spillovers, transferred by trade, and their impact on firm R&D. Here we analyze not only how international and domestic inter- and intra-industry technology spillovers affect firm R&D but also the relatively unexplored issue of how relationship-specific interactions between buyer and seller affect such spillovers. We find international technology spillovers to be larger and more significant than domestic inter- and intra-industry spillovers. Moreover, relationship-specific interactions between seller and buyer enhance technology spillovers in general and international spillovers in particular.

Suggested Citation

  • Tingvall, Patrik Gustavsson & Poldahl, Andreas, 2011. "Determinants of Firm R&D: The Role of Relationship-specific Interactions for R&D Spillovers," Working Paper Series in Economics and Institutions of Innovation 251, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
    • Handle: RePEc:hhs:cesisp:0251
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    2. Jian Xu & Jae-Woo Sim, 2018. "Characteristics of Corporate R&D Investment in Emerging Markets: Evidence from Manufacturing Industry in China and South Korea," Sustainability, MDPI, vol. 10(9), pages 1-18, August.

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    More about this item

    Keywords

    R&D; spillovers; imports; relationship-specific investments;
    All these keywords.

    JEL classification:

    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General

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