Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
9549488 | Economics Letters | 2005 | 5 Pages |
Abstract
It is shown that, as the number of firms increases, firms tend to allocate higher budgets for development, relative to basic research. This is in contrast to the results found in Aghion and Howitt (Aghion, P., Howitt, P. 1996. Research and development in the growth process. Jounal of Economic Growth 1, 49-73.).
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Atsushi Kato,