Dynamic R&D Choice and the Impact of the Firm's Financial Strength
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https://www.nber.org/papers/w22035
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资源简介：
This article investigates how a firm's financial strength affects its dynamic decision to invest in R&D. We estimate a dynamic model of R&D choice using data for German firms in high-tech manufacturing industries. The model incorporates a measure of the firm's financial strength, derived from its
提供机构：
美国国家经济研究局
创建时间：
2016-02-01
