NDLI: Do R&D Spillovers substitute or complement R&D investment?

Content Provider	IEEE Xplore Digital Library
Author	Ping Huang
Copyright Year	2012
Description	Author affiliation: Guangdong University of Finance, Guang Zhou, China, 510521 (Ping Huang)
Abstract	The paper had an empirical analysis of the impact of R&D spillovers on own R&D investment based on a model on R&D spillovers occurring between domestic intra-industry, domestic inter- industry, international intra-industry and international inter- industry and the use of panel data of 15 high-tech large and medium-sized industrial enterprises (three yards) during 1995–2010. We found that there exists complementary effect between own R&D investment and domestic intra-industry R&D spillovers of 15 high-tech industries in China. Domestic inter-industry R&D spillovers promote own R&D investment. More important, Complementary effects exist between international inter-industry R&D spillovers and own R&D investment. However, international intra-industry R&D spillovers hinders own R&D investment. there exists substitution effect between international intra-industry R&D spillovers and own R&D investment.
Starting Page	138
Ending Page	141
File Size	86834
Page Count	4
File Format	PDF
ISBN	9781467319324
e-ISBN	9781467319317
DOI	10.1109/ICIII.2012.6339751
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2012-10-20
Publisher Place	China
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Industries Context complementary effect Patents R&D Investments Government R&D spillover Games substitution effect Data models
Content Type	Text
Resource Type	Article

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