Competition and R&D Financing Decisions: Theory and Evidence from the Biopharmaceutical Industry
收藏NBER2015-02-01 更新2025-01-04 收录
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https://www.nber.org/papers/w20903
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资源简介：
How does competition affect innovation and how it is financed in R&D-intensive firms? We study the interaction between competition, R&D investments, and the financing choices of such firms using data on biopharmaceutical firms. To motivate the empirical hypotheses, we develop a model for such firms
提供机构：
美国国家经济研究局
创建时间：
2015-02-01
