Figure 5: Estimated hazard function for different levels of R&D expenditure and mean values of all other explanatory variables [based on Model 5, Table 5]. Figure 5:

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Even if exporting does not directly enter the productivity evolution process, the return to R&D can be higher or lower for exporting versus nonexporting plants, which makes

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Corporate R&D decisions are made under the direct role of entre- preneurs, our research shows that even if the religious beliefs of entrepreneurs may intervene in the

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Contrary to Ehie & Olibe (2010), we found a negative moderating impact of terrorism on the relationship between R&D investment and fi rm market performance.. Keywords:

The results show that R&D investment leads to a higher rate of product and process innovation among exporting …rms and these innovations have a larger impact on

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Various factors such as export status, foreign ownership, TFP, R&D both in product and in the production processes and firm size are important correlates with both

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Accordingly, in our model, we assume that, from the time of the …rst investment, the informational spillover takes place randomly according to a Poisson distribution with a