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The Pro-cyclical R&D Puzzle: Technology Shocks and Pro-cyclical R&D Expenditure [PDF]
Empirically R&D expenditure moves pro-cyclically, but the pro- cyclicality is a puzzle from the Schumpeterian point of view. The paper examines the cyclical property of R&D expenditure in the context of endogenous growth, and concludes that (i) substitutability between investing in physical capital and investing in technology/knowledge is a key of the ...
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R&D EXPENDITURES AND MARKET VALUE OF BIOTECHNOLOGY FIRMS
The aim of this paper is to conduct an analysis of R&D investments and their impact on a biotechnology firm’s value. The sample consists of the top 52 R&D investors from the European biotechnology sector. The data were obtained from “EU Industrial R&D Investment Scoreboard”.Chojnacki, Piotr, Kijek, Tomasz
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The role of R&D expenditures in people's innovative potential
2014The role of investments in a knowledge-based economy, which is the only way to be competitive and innovative, especially in a time of economic crisis, is increasing. R&D expenditures are important indicators of innovative performance and the best countries in the European Union invest the most finance in the area of research and development.
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Does pollution-intensive industrial agglomeration increase residents’ health expenditure?
Sustainable Cities and Society, 2020Juan Lu
exaly
Corruption and the composition of government expenditure
Journal of Public Economics, 1998Paolo Mauro
exaly
Healthcare Expenditure and Economic Performance: Insights From the United States Data
Frontiers in Public Health, 2020Viju Raghupathi +2 more
exaly
Expenditure in R&D and local development - an analysis of Italian provinces [PDF]
The expenditure capacity in R&D is regarded as an important factor for the growth of modern economies. However, even more important is to understand the interaction between research resources and the single territories together with their concrete impact on innovation processes.
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