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Determinants Of Research And Development Intensity From A Network Perspective

Author

Listed:
  • TENG Joe K.L.

    (Sorrell College of Business, Troy University)

  • HU Jiayu

    (Sorrell College of Business, Troy University)

  • WU Dazhong

    (Sorrell College of Business, Troy University)

  • MIXON Phillip A.

    (Sorrell College of Business, Troy University)

  • DUAN Chaojie (CJ

    (Sorrell College of Business, Troy University)

Abstract

We model and examine the research and development (R&D) intensity of a focal industry from an inter-industry network perspective. More specifically, we estimate how a focal industry’s R&D investment is affected by partner (suppliers and customers) industries’ R&D expenditure. We also investigate the impact of the overall economy on the focal industry’s R&D expenditure and finally how a focal industry’s position in the supply chain network moderates the overall economy’s impact on the focal industry’s R&D expenditure. We found that, in general, a focal industry’s R&D intensity is positively associated with its partner industries’ R&D intensity. In addition, an industry’s R&D intensity is positively associated with the growth rate of the overall economy. Finally, we found that a more central industry is subjected to a stronger impact of macroeconomic shocks on its R&D intensity though there is no significant association between an industry’s centrality and its R&D intensity.

Suggested Citation

  • TENG Joe K.L. & HU Jiayu & WU Dazhong & MIXON Phillip A. & DUAN Chaojie (CJ, 2016. "Determinants Of Research And Development Intensity From A Network Perspective," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 11(3), pages 129-139, December.
    • Handle: RePEc:blg:journl:v:11:y:2016:i:3:p:129-139
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    References listed on IDEAS

    as
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