R&D and market structure: The impact of measurement and aggregation problems
โ Scribed by Alfred Kleinknecht; Bart Verspagen
- Book ID
- 104753865
- Publisher
- Springer US
- Year
- 1989
- Tongue
- English
- Weight
- 353 KB
- Volume
- 1
- Category
- Article
- ISSN
- 0921-898X
No coin nor oath required. For personal study only.
โฆ Synopsis
Estimates on the relationship between concentration and R&D effort are shown to be sensitive to problems of aggregation and of adequate measurement of R&D in small firms. While estimates from the official R&D survey of the Netherlands show a highly significant linear relationship between concentration and R&D, comparable estimates from our R&D data base prove it to be insignificant. However, at a finer level of disaggregation and when our sample is split into sectors with low and high technological opportunities, we discover evidence of a quadratic relationship in the latter and evidence of a weak linear relationship in the former.
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