Profit cost margin, monopoly power and R & D intensity for industrial firms

Research output: Contribution to journalArticlepeer-review

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 languageEnglish
Pages (from-to)355-359
Number of pages5
JournalEconomics Letters
Volume12
Issue number3-4
DOIs
StatePublished - 1983

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 9 - Industry, Innovation, and Infrastructure
    SDG 9 Industry, Innovation, and Infrastructure

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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