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Appropriating the Returns from Investments in R&D Capital

In: European Industrial Restructuring in the 1990s

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  • Edwin Mansfield

Abstract

A major objective of the proposed restructuring of the European economy during the 1990s is to achieve significant dynamic efficiency gains and to enhance Europe’s technological performance in the global environment. According to Emerson et al.: it would seem that the completion of the European internal market should have a positive overall effect on innovation through a set of interrelated mechanisms: increased competition, more openness to international trade, increased growth potential, intensification of technological development by virtue of increased mobility of researchers, etc. This favorable effect will be most evident in high technology sectors and those in which the outlook for growth is favorable. (1988, p. 162)

Suggested Citation

  • Edwin Mansfield, 1992. "Appropriating the Returns from Investments in R&D Capital," Palgrave Macmillan Books, in: Karel Cool & Damien J. Neven & Ingo Walter (ed.), European Industrial Restructuring in the 1990s, chapter 12, pages 331-356, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-12582-1_12
    DOI: 10.1007/978-1-349-12582-1_12
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    Cited by:

    1. Isabelle Brocas, 2003. "Les enjeux de la réglementation de la recherche et développement," Revue d'économie politique, Dalloz, vol. 113(1), pages 125-148.
    2. Neven, D. & Siotis, G., 1996. "Technology sourcing and FDI in the EC: An empirical evaluation," International Journal of Industrial Organization, Elsevier, vol. 14(5), pages 543-560, July.

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