Product Innovation by Incumbent Firms in Developing Economies : The Roles of Research and Development Expenditures, Trade Policy, and the Investment Climate
A model of firm innovation illustrates the effects of the threat of imitation and product varieties on a representative firm's decision to invest in research and development to produce new product varieties. The model motivates two empirical q...
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Language: | English |
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Washington, DC: World Bank
2012
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Online Access: | http://documents.worldbank.org/curated/en/2008/08/10064236/product-innovation-incumbent-firms-developing-economies-roles-research-development-expenditures-trade-policy-investment-climate http://hdl.handle.net/10986/6299 |