R&D INTENSITY AND MARKET REGULATION

被引:0
|
作者
Ledezma, Ivan [1 ]
机构
[1] Univ Paris I Pantheon Sorbonne, CSE, Paris, France
来源
REVUE ECONOMIQUE | 2009年 / 60卷 / 03期
关键词
D O I
10.3917/reco.603.0797
中图分类号
F [经济];
学科分类号
02 ;
摘要
Motivated by the consequences of firm's defensive behavior, we test the impact of market regulation on R&D effort. Our estimates show that this impact is positive, namely on high technology industries. Besides the view of monopolistic profits as innovation rewards, these results can be explained if one envisages market regulation as controlling the outcome of firm rivalry.
引用
收藏
页码:797 / 806
页数:10
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