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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Bibliographic Details
Main Author: Lederman, Daniel
Language:English
Published: Washington, DC: World Bank 2012
Subjects:
GDP
R&D
WEB
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