Abstract
This paper analyzes the return to R & D and shows that R & D expenditures are correlated with firm monopoly power measured by the price cost margin. This may explain the above normal returns to R & D found in earlier empirical work.
| Original language | English |
|---|---|
| Pages (from-to) | 355-359 |
| Number of pages | 5 |
| Journal | Economics Letters |
| Volume | 12 |
| Issue number | 3-4 |
| DOIs | |
| State | Published - 1983 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 9 Industry, Innovation, and Infrastructure
ASJC Scopus subject areas
- Finance
- Economics and Econometrics
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