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Determinants Of Research And Development Intensity From A Network Perspective

Listed author(s):
  • 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)

Registered author(s):

    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.

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    File URL: http://eccsf.ulbsibiu.ro/RePEc/blg/journl/11310teng&hu&wu&mixon&duan.pdf
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    Article provided by Lucian Blaga University of Sibiu, Faculty of Economic Sciences in its journal Studies in Business and Economics.

    Volume (Year): 11 (2016)
    Issue (Month): 3 (December)
    Pages: 129-139

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    Handle: RePEc:blg:journl:v:11:y:2016:i:3:p:129-139
    Contact details of provider: Postal:
    Lucian Blaga University of Sibiu, Faculty of Economic Sciences Dumbravii Avenue, No 17, postal code 550324, Sibiu, Romania

    Phone: 004 0269 210375
    Fax: 004 0269 210375
    Web page: http://economice.ulbsibiu.ro/
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    1. Michael K. Fung, 2005. "Are Knowledge Spillovers Driving the Convergence of Productivity among Firms?," Economica, London School of Economics and Political Science, vol. 72(286), pages 287-305, 05.
    2. Corey C. Phelps & Ralph Heidl & Anu Wadhwa, 2012. "Networks, knowledge, and knowledge networks: A critical review and research agenda," Post-Print hal-00715591, HAL.
    3. Paulo Nunes & Zélia Serrasqueiro & João Leitão, 2013. "Assessing the nonlinear nature of the effects of R&D intensity on growth of SMEs: a dynamic panel data approach," Journal of Evolutionary Economics, Springer, vol. 23(1), pages 97-128, January.
    4. Cohen, Wesley M & Klepper, Steven, 1992. "The Anatomy of Industry R&D Intensity Distributions," American Economic Review, American Economic Association, vol. 82(4), pages 773-799, September.
    5. Melissa A. Schilling & Corey C. Phelps, 2007. "Interfirm Collaboration Networks: The Impact of Large-Scale Network Structure on Firm Innovation," Management Science, INFORMS, vol. 53(7), pages 1113-1126, July.
    6. A. Colin Cameron & Pravin K. Trivedi, 2010. "Microeconometrics Using Stata, Revised Edition," Stata Press books, StataCorp LP, number musr, January.
    7. Melissa A. Schilling, 2015. "Technology Shocks, Technological Collaboration, and Innovation Outcomes," Organization Science, INFORMS, vol. 26(3), pages 668-686, June.
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