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Internal and external R&D: a sample selection approach

Piga, Claudio A. and Vivarelli, Marco (2004) Internal and external R&D: a sample selection approach. Oxford Bulletin of Economics and Statistics, Vol. 66 (4), p. 457-482. eISSN 1468-0084. Article.

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DOI: 10.1111/j.1468-0084.2004.00089.x


This study underlines that the decision to enter into an external R&D relationship is related to an antecedent decision to carry out R&D. This calls for an empirical approach that permits the joint analysis of the determinants of the two decisions, correcting for sample selectivity. Based on a sample of Italian manufacturing firms, the results confirm the need to adopt this approach. Another contribution made by this study is the managerial implications that can be derived from its empirical model, which provide a better understanding of the factors associated with a firm's decision to engage in R&D both independently and with external partners.

Item Type:Article
ID Code:2511
Uncontrolled Keywords:L2, O32
Subjects:Area 13 - Scienze economiche e statistiche > SECS-P/01 Economia politica
Divisions:001 Università di Sassari > 01 Dipartimenti > Economia, istituzioni e società
Publisher:Blackwell / Wiley
Deposited On:18 Aug 2009 10:07

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