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The Role Of Sunk Costs In The Decision To Invest In R&D

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Cited by:

  1. Pasquale Ruggiero & Sebastiano Cupertino, 2018. "CSR Strategic Approach, Financial Resources and Corporate Social Performance: The Mediating Effect of Innovation," Sustainability, MDPI, vol. 10(10), pages 1-22, October.
  2. Elena Huergo & Lourdes Moreno, 2011. "Does history matter for the relationship between R&D, innovation, and productivity?," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 20(5), pages 1335-1368, October.
  3. Pere Arqué-Castells, 2013. "Persistence in R&D Performance and its Implications for the Granting of Subsidies," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 43(3), pages 193-220, November.
  4. Antonelli, Cristiano & Crespi, Francesco & Scellato, Giuseppe, 2012. "Inside innovation persistence: New evidence from Italian micro-data," Structural Change and Economic Dynamics, Elsevier, vol. 23(4), pages 341-353.
  5. Neo Molotja & Saahier Parker & Precious Mudavanhu, 2019. "Patterns of Investing into Business R&D in South Africa," Foresight and STI Governance (Foresight-Russia till No. 3/2015), National Research University Higher School of Economics, vol. 13(3), pages 51-60.
  6. Freisinger, Elena & McCarthy, Ian P., 2024. "What fails and when? A process view of innovation failure," Technovation, Elsevier, vol. 133(C).
  7. Labeaga, José M. & Martínez-Ros, Ester & Sanchis, Amparo & Sanchis, Juan A., 2021. "Does persistence in using R&D tax credits help to achieve product innovations?," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
  8. Bianchini, Stefano & Pellegrino, Gabriele, 2019. "Innovation persistence and employment dynamics," Research Policy, Elsevier, vol. 48(5), pages 1171-1186.
  9. Pere Arqué-Castells & Pierre Mohnen, 2015. "Sunk Costs, Extensive R&D Subsidies and Permanent Inducement Effects," Journal of Industrial Economics, Wiley Blackwell, vol. 63(3), pages 458-494, September.
  10. Busom, Isabel & Corchuelo, Beatriz & Martinez Ros, Ester, 2012. "Tax incentives or subsidies for R&D?," MERIT Working Papers 2012-056, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  11. Andrea Borsato, 2021. "An Agent-based Model for Secular Stagnation in the USA: Theory and Empirical Evidence," LEM Papers Series 2021/09, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
  12. Juan Mañez & María Rochina-Barrachina & Amparo Sanchis & Juan Sanchis, 2013. "Do process innovations boost SMEs productivity growth?," Empirical Economics, Springer, vol. 44(3), pages 1373-1405, June.
  13. Mañez, J.A. & Love, J.H., 2020. "Quantifying sunk costs and learning effects in R&D persistence," Research Policy, Elsevier, vol. 49(7).
  14. Stefano Iandolo & Anna Maria Ferragina, 2019. "Does persistence in internationalization and innovation influence firms’ performance?," Journal of Economic Studies, Emerald Group Publishing Limited, vol. 46(7), pages 1345-1364, November.
  15. Karbowski, Adam, 2018. "Patents and Enterprise Innovation in Network Industries," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, pages 53-61.
  16. María García-Vega & Óscar Vicente-Chirivella, 2020. "The effect of technology transfers from public research institutes and universities on firm innovativeness," Discussion Papers 2020-10, University of Nottingham, GEP.
  17. Juliao-Rossi, Jorge & Forero-Pineda, Clemente & Losada-Otalora, Mauricio & Peña-García, Nathalie, 2020. "Trajectories of innovation: A new approach to studying innovation performance," Journal of Business Research, Elsevier, vol. 115(C), pages 322-333.
  18. Rammer, Christian & Schubert, Torben, 2016. "Concentration on the few? R&D and innovation in German firms 2001 to 2013," ZEW Discussion Papers 16-005, ZEW - Leibniz Centre for European Economic Research.
  19. Erika Raquel Badillo & Rosina Moreno, 2014. "“Are R&D collaborative agreements persistent at the firm level? Empirical evidence for the Spanish case”," AQR Working Papers 201405, University of Barcelona, Regional Quantitative Analysis Group, revised Mar 2014.
  20. Noailly, Joëlle & Smeets, Roger, 2015. "Directing technical change from fossil-fuel to renewable energy innovation: An application using firm-level patent data," Journal of Environmental Economics and Management, Elsevier, vol. 72(C), pages 15-37.
  21. Dorgyles C. M. Kouakou, 2023. "Competing against ‘invisibles’: the effect of competition from informal firms on formal firms’ R&D," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 13(1), pages 87-117, March.
  22. Hyuk Chung, 2021. "Adoption and Development of the Fourth Industrial Revolution Technology: Features and Determinants," Sustainability, MDPI, vol. 13(2), pages 1-16, January.
  23. Jorge Luis Juliao-Rossia & Julia Andrea Pineda Acero, 2019. "Persistence in the imitation of innovations in products in the manufacturing industry of Colombia," Contaduría y Administración, Accounting and Management, vol. 64(1), pages 77-78, Enero-Mar.
  24. M. Constanza Demmel & Juan A. Máñez & María E. Rochina-Barrachina & Juan A. Sanchis-Llopis, 2013. "Innovation and productivity: evidence for 4 Latin American countries manufacturing industry," Working Papers 1307, Department of Applied Economics II, Universidad de Valencia.
  25. Beneito, Pilar & Rochina-Barrachina, María Engracia & Sanchis, Amparo, 2015. "The path of R&D efficiency over time," International Journal of Industrial Organization, Elsevier, vol. 42(C), pages 57-69.
  26. Eleonora Bartoloni & Maurizio Baussola, 2018. "Driving business performance: innovation complementarities and persistence patterns," Industry and Innovation, Taylor & Francis Journals, vol. 25(5), pages 505-525, May.
  27. Jorge Luis Juliao-Rossia & Julia Andrea Pineda Acero, 2019. "Persistencia en la imitación de innovaciones en productos en la industria manufacturera de Colombia," Contaduría y Administración, Accounting and Management, vol. 64(1), pages 75-76, Enero-Mar.
  28. Klaus Rennings & Peter Markewitz & Stefan Vögele, 2013. "How clean is clean? Incremental versus radical technological change in coal-fired power plants," Journal of Evolutionary Economics, Springer, vol. 23(2), pages 331-355, April.
  29. Claudia Pigini & Alessandro Sterlacchini & Francesco Valentini, 2023. "Persistence Of R&D Intensities In The World'S Top Investors In R&D," Working Papers 480, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
  30. Huergo, Elena & Trenado, Mayte & Ubierna, Andrés, 2016. "The impact of public support on firm propensity to engage in R&D: Spanish experience," Technological Forecasting and Social Change, Elsevier, vol. 113(PB), pages 206-219.
  31. Pilar BeneitoBy & María Engracia Rochina-Barrachina & Amparo Sanchis, 2017. "Competition and innovation with selective exit: an inverted-U shape relationship?," Oxford Economic Papers, Oxford University Press, vol. 69(4), pages 1032-1053.
  32. Francesco Bogliacino & Sebastian Gómez Cardona, 2010. "The determinants of R&D Investment: the role of Cash flow and Capabilities," JRC Working Papers on Corporate R&D and Innovation 2010-10, Joint Research Centre.
  33. Isabel Busom & Beatriz Corchuelo & Ester Martínez-Ros, 2014. "Tax incentives… or subsidies for business R&D?," Small Business Economics, Springer, vol. 43(3), pages 571-596, October.
  34. El Ghoul, Sadok & Gong, Zhaoran (Jason) & Guedhami, Omrane & Hou, Fangfang & Tong, Wilson H.S., 2023. "Social trust and firm innovation," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 84(C).
  35. Bornemann, Tobias, 2018. "Do transfer pricing rules distort R&D investment decisions?," arqus Discussion Papers in Quantitative Tax Research 233, arqus - Arbeitskreis Quantitative Steuerlehre.
  36. Davide Antonioli & Sandro Montresor, 2021. "Innovation persistence in times of crisis: an analysis of Italian firms," Small Business Economics, Springer, vol. 56(4), pages 1739-1764, April.
  37. Raymond W. & Plotnikova T., 2015. "How does firms' perceived competition affect technological innovation in Luxembourg?," MERIT Working Papers 2015-001, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  38. Juan Antonio Máñez Castillejo & Dolores Añón Higón & Juan Alberto Sanchis Llopis, 2011. "The role of extensive and intensive margins in explaining corporate R&D growth: Evidence from Spain," Working Papers. Serie EC 2011-05, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
  39. Ganter, Alois & Hecker, Achim, 2013. "Persistence of innovation: Discriminating between types of innovation and sources of state dependence," Research Policy, Elsevier, vol. 42(8), pages 1431-1445.
  40. Matthias Deschryvere, 2014. "R&D, firm growth and the role of innovation persistence: an analysis of Finnish SMEs and large firms," Small Business Economics, Springer, vol. 43(4), pages 767-785, December.
  41. Liu, Duan & Qiu, Qi & Chen, Shou, 2023. "Timeliness of technological innovation and decisions of IPO timing and pricing," International Review of Economics & Finance, Elsevier, vol. 86(C), pages 498-519.
  42. Michel Dumont, 2015. "Working Paper 05-15 - Evaluation of federal tax incentives for private R&D in Belgium: An update," Working Papers 1505, Federal Planning Bureau, Belgium.
  43. Pilar Beneito & María E. Rochina-Barrachina & Amparo Sanchis, 2013. "Ownership and cyclicality of firms’ R&D investment," Working Papers 1306, Department of Applied Economics II, Universidad de Valencia.
  44. Pål Børing, 2015. "The effects of firms’ R&D and innovation activities on their survival: a competing risks analysis," Empirical Economics, Springer, vol. 49(3), pages 1045-1069, November.
  45. Tomoyuki Shimbo & Sadao Nagaoka & Naotoshi Tsukada, 2024. "Dynamic Effects of Patent Pools: Evidence from Inter-Generational Competition in the Optical Disc Industry," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 64(3), pages 383-419, May.
  46. Liu, Duan & Li, Zhiyuan & He, Hongbo & Hou, Wenxuan, 2021. "The determinants of R&D smoothing with asset sales: Evidence from R&D-intensive firms in China," International Review of Economics & Finance, Elsevier, vol. 75(C), pages 76-93.
  47. Kang, Taewon & Baek, Chulwoo & Lee, Jeong-Dong, 2017. "The persistency and volatility of the firm R&D investment: Revisited from the perspective of technological capability," Research Policy, Elsevier, vol. 46(9), pages 1570-1579.
  48. Juan Máñez & María Rochina-Barrachina & Amparo Sanchis-Llopis & Juan Sanchis-Llopis, 2015. "The determinants of R&D persistence in SMEs," Small Business Economics, Springer, vol. 44(3), pages 505-528, March.
  49. Busom, Isabel & Corchuelo, Beatriz, 2011. "Tax incentives and direct support for R&D : what do firms use and why?," IC3JM - Estudios = Working Papers id-11-03, Instituto Mixto Carlos III - Juan March de Ciencias Sociales (IC3JM).
  50. Huergo, E. & Trenado, Mayte / M. & Ubierna, Andrés / A., 2013. "Impact of low-interest credits on business R&D expenditures: Spanish firms and CDTI loans for R&D projects," MPRA Paper 44221, University Library of Munich, Germany.
  51. Guarascio, Dario & Tamagni, Federico, 2019. "Persistence of innovation and patterns of firm growth," Research Policy, Elsevier, vol. 48(6), pages 1493-1512.
  52. Juan A. Mañez & Rafael Moner Colonques & Juan A. Sanchis & Jose J. Sempere-Monerris, 2018. "Relative R&D intensity for exporters in an oligopolistic industry with spillovers," Working Papers 1807, Department of Applied Economics II, Universidad de Valencia.
  53. Antonelli, Cristiano & Crespi, Francesco & Scellato, Giuseppe, 2010. "Universities look beyond the patent policy discourse in their intellectual property strategies," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201010, University of Turin.
  54. Esposito De Falco Salvatore & Renzi Antonio, 2015. "The Role of Sunk Cost and Slack Resources in Innovation: A Conceptual Reading in an Entrepreneurial Perspective," Entrepreneurship Research Journal, De Gruyter, vol. 5(3), pages 167-179, July.
  55. Pilar Beneito López & Amparo Sanchis Llopis & María Engracia Rochina Barrachina, 2009. "The role of learning in innovation: in-house versus externally contracted R&D experience," Working Papers. Serie EC 2009-11, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
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