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R&D Spillover Effects on the Strategic Behavior of Large International Firms during the World Financial Crisis

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The aim of this study is to investigate the relationship between competition and innovation through the knowledge spillover effect. In particular, we investigate whether RD one based on trade intensity… Click to show full abstract

The aim of this study is to investigate the relationship between competition and innovation through the knowledge spillover effect. In particular, we investigate whether RD one based on trade intensity between sectors using input–output matrix data. The empirical results show a positive effect of R&D externalities on competitive interactions before the beginning of crisis and a negative one after it. These findings are robust with respect to the procedure employed in the estimation method.

Keywords: strategic behavior; spillover effects; effects strategic; behavior large; large international; crisis

Journal Title: International Journal of Biometrics
Year Published: 2017

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