Market structure and the allocation of R&D expenditures

Atsushi Kato

doi:10.1016/j.econlet.2004.07.023

Market structure and the allocation of R&D expenditures

Atsushi Kato^*

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

2 Citations (Scopus)

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.).

Original language	English
Pages (from-to)	55-59
Number of pages	5
Journal	Economics Letters
Volume	87
Issue number	1
DOIs	https://doi.org/10.1016/j.econlet.2004.07.023
Publication status	Published - 2005 Apr
Externally published	Yes

Keywords

Allocation of R&D
Basic research
Development

ASJC Scopus subject areas

Finance
Economics and Econometrics

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10.1016/j.econlet.2004.07.023

Cite this

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title = "Market structure and the allocation of R&D expenditures",

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.).",

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AB - 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.).

KW - Allocation of R&D

KW - Basic research

KW - Development

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DO - 10.1016/j.econlet.2004.07.023

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JO - Economics Letters

JF - Economics Letters

IS - 1

ER -

Market structure and the allocation of R&D expenditures

Abstract

Keywords

ASJC Scopus subject areas

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