Abstract

http://ssrn.com/abstract=968666
 
 

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R&D Spending and Knowledge Spillovers


Kim P. Huynh


Government of Canada - Bank of Canada; Indiana University Bloomington - Department of Economics

Zeno Rotondi


University of Ferrara - Faculty of Economics

July 15, 2009


Abstract:     
Understanding firm constraints in R&D expenditures is a key component to addressing broader economic goals. We investigate the role of local intensity of university-industry knowledge spillovers on the amount of firm R&D expenditure. To investigate this issue we use firm-level data
on R&D expenditures from Italy. We find that geographical variation in the R&D intensity of higher education sector, which is shown to be a good proxy for the local intensity of knowledge spillovers, plays an important role for the amount of R&D expenditures financed by the local business sector. We argue that our findings have important policy implications.

Number of Pages in PDF File: 27

Keywords: Firm, R&D, Banking Development, University-Industry Cooperation, Knowledge Spillovers, Geography

JEL Classification: D21, D24, G21, G28, O31, O32, O38

working papers series


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Date posted: March 10, 2007 ; Last revised: July 18, 2009

Suggested Citation

Huynh, Kim P. and Rotondi, Zeno, R&D Spending and Knowledge Spillovers (July 15, 2009). Available at SSRN: http://ssrn.com/abstract=968666 or http://dx.doi.org/10.2139/ssrn.968666

Contact Information

Kim P. Huynh
Government of Canada - Bank of Canada ( email )
234 Wellington Street
Ontario, Ottawa K1A 0G9
Canada
Indiana University Bloomington - Department of Economics ( email )
Bloomington, IN 47405-6620
United States

Zeno Rotondi (Contact Author)
University of Ferrara - Faculty of Economics ( email )
Via Voltapaletto 11
Ferrara, Ferrara 44100
Italy
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