Il tasso di rendimento degli investimenti in ricerca e sviluppo delle imprese innovatrici italiane
This paper estimates the impact of R&D expenditures on Italian firm productivity. For the period 1989-1997 we consider a Cobb-Douglas production function augmented by R&D intensity. Final outcomes suggest that the rate of return of R&D investments is 20% over 1989-1994 and 22% over 1995-1997.
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Volume (Year): 94 (2004)
Issue (Month): 3 (May-June)
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