Resource title

Internal and external R&D : a sample selection approach

Resource image

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Resource description

This study explicitly takes into account that the decision to enter into an external R&D relationship is related to an antecedent decision to carry out R&D. This calls for a methodological approach that, at the same time, permits the joint analysis of the determinants of the two decisions and corrects for the sample selectivity that is intrinsic in the analysis of external R&D. Based on a sample of Italian manufacturing firms, the results confirm the need to consider explicitly the selectivity issue in the empirical analysis of external R&D. Another contribution made by this study is the managerial implications that can be derived from its empirical model, which provide a better understanding of the factors determining a firm's decision to engage in R&D both independently and with external partners.

Resource author

Marco Vivarelli, Claudio Piga

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/19950

Resource license

Adapt according to the presented license agreement and reference the original author.