Market structure and the allocation of R&D expenditures

Research output: Contribution to journalArticle

1 Citation (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 languageEnglish
Pages (from-to)55-59
Number of pages5
JournalEconomics Letters
Volume87
Issue number1
DOIs
Publication statusPublished - 2005 Apr
Externally publishedYes

Fingerprint

Market structure
Expenditure
Economic growth
Basic research

Keywords

  • Allocation of R&D
  • Basic research
  • Development

ASJC Scopus subject areas

  • Economics and Econometrics
  • Finance

Cite this

Market structure and the allocation of R&D expenditures. / Kato, Atsushi.

In: Economics Letters, Vol. 87, No. 1, 04.2005, p. 55-59.

Research output: Contribution to journalArticle

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