This paper investigates how competition and firm size affect the relationship between market uncertainty and R&D investment. We use an intuitively appealing measure of firm-specific uncertainty along with panel data to show that firms invest less in current R&D as uncertainty about market returns increases. The effect of firm-specific uncertainty on R&D investment is smaller in concentrated markets – those where market power is higher and strategic rivalry is more intense. Further, the effect of uncertainty on R&D investment is attenuated for large firms which may be the result greater economies of scope
The aim of this study is to provide new theoretical insights and empirical evidence on the effect o...
We study a two-stage R&D project with an abandonment option. Two types of uncertainty influence the ...
Abstract By using data from a survey amongst a panel of Dutch firms we investigate whether the inves...
This paper investigates how competition and firm size affect the relationship between market uncerta...
This paper examines the investment behavior of research and development (R&D) under uncertainty....
This paper investigates the effect of uncertainty on R&D investment. We find that firms invest more ...
This paper investigates how product market uncertainty and government research and development (R&D)...
In this paper I study whether policy uncertainty has an effect on corporate research and development...
Using data from Chinese listed firms, this paper studies the effects of policy and market uncertaint...
This paper investigates the effects of uncertainties over R&D policy and/or market demand on R&D lev...
The literature suggests that public research and development (R&D) subsidies may reduce market failu...
This paper examines the effect of product market uncertainty and government research and development...
The aim of this study is to provide new theoretical insights and empirical evidence on the effect of...
Abstract By using data from a survey amongst a panel of Dutch firms we investigate whether the inves...
Abstract By using data from a survey amongst a panel of Dutch firms we investigate whether the inves...
The aim of this study is to provide new theoretical insights and empirical evidence on the effect o...
We study a two-stage R&D project with an abandonment option. Two types of uncertainty influence the ...
Abstract By using data from a survey amongst a panel of Dutch firms we investigate whether the inves...
This paper investigates how competition and firm size affect the relationship between market uncerta...
This paper examines the investment behavior of research and development (R&D) under uncertainty....
This paper investigates the effect of uncertainty on R&D investment. We find that firms invest more ...
This paper investigates how product market uncertainty and government research and development (R&D)...
In this paper I study whether policy uncertainty has an effect on corporate research and development...
Using data from Chinese listed firms, this paper studies the effects of policy and market uncertaint...
This paper investigates the effects of uncertainties over R&D policy and/or market demand on R&D lev...
The literature suggests that public research and development (R&D) subsidies may reduce market failu...
This paper examines the effect of product market uncertainty and government research and development...
The aim of this study is to provide new theoretical insights and empirical evidence on the effect of...
Abstract By using data from a survey amongst a panel of Dutch firms we investigate whether the inves...
Abstract By using data from a survey amongst a panel of Dutch firms we investigate whether the inves...
The aim of this study is to provide new theoretical insights and empirical evidence on the effect o...
We study a two-stage R&D project with an abandonment option. Two types of uncertainty influence the ...
Abstract By using data from a survey amongst a panel of Dutch firms we investigate whether the inves...