The lag structure of the relationship between patenting and internal R&D revisited
Abstract
The principal purpose of this study is to revisit the classic research question regarding the lag structure of the patents–R&D relationship through an examination of the impact of internal R&D on firm patenting in the context of the global pharmaceutical industry during 1986–2000. Our empirical analysis, using both a multiplicative distributed lag model and a dynamic linear feedback model, differs from previous work that examines the patents–R&D...
Paper Details
Title
The lag structure of the relationship between patenting and internal R&D revisited
Published Date
Oct 1, 2014
Journal
Volume
43
Issue
8
Pages
1275 - 1285
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