%0 Book Section
%T Empirical Models of Firms' R&D
publisher Edward Elgard
%D 2018
%U 978-1-78811-277-2 (hardback)
%@ https://hdl.handle.net/20.500.14352/13955
%X This paper is the chapter 18 of the Handbook of Game Theory and Industrial Organization (Vo. II). This chapter is devoted to the empirical models of firms’ R&D. This literature is still growing due to the increasing availability of micro-data. Taking this fact into account, the main purpose of this chapter is to provide an overview of three important topics covered by the recent literature: the determinants of firms’ R&D investment, the link between R&D, innovation and productivity, and the analysis of the R&D black box. This chapter is presented as an invitation to industrial organization practitioners, both theorists and applied, to cross the bridge (and to change sides) between theory and applications.
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