The Interaction Between Capital Investment and R&D in Science-Based Firms
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This paper analyzes the interaction among R&D, capital investment, and the stock market rate of return for 191 firms in science-based industries for the period 1973-1981. Using a framework based on dynamic factor analysis, we show how several prominent hypotheses about the determination of R&D and
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美国国家经济研究局创建时间：
1987-09-01
