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- Title
The return to the technological frontier: The conditional effect of R&D on plant productivity in Finnish manufacturing.
- Authors
Lehto, Eero; Böckerman, Petri; Huovari, Janne
- Abstract
The paper asks whether R&D's productivity impacts are conditional on the gap of a plant's productivity from the industry's technological frontier. The results show that a plant's own R&D and a parent firm's R&D have a positive productivity impact. The impact of a plant's own R&D decreases as the gap from the industry's technological frontier grows. Furthermore, the productivity impact of other firms' (geographic) distance-weighted R&D is, on average, positive. However, this impact increases as the gap from the technological frontier grows.
- Subjects
INDUSTRIAL productivity; RESEARCH &; development; FACTORIES; INDUSTRIAL efficiency; INDUSTRIES
- Publication
Papers in Regional Science, 2011, Vol 90, Issue 1, p91
- ISSN
1056-8190
- Publication type
Article
- DOI
10.1111/j.1435-5957.2010.00318.x