We estimate with System Generalized Method of Moments the effect of the distance from the technological frontier on the R&D intensity of companies, using a new European level database. In our estimation the companies that lag behind are less active in research activity.
BOGLIACINO Francesco;
GÓMEZ CARDONA Sebastián;
2014-11-21
The Empirical Economics Letters
JRC91946
1681-8997,
http://www.eel.my100megs.com/volume-13-number-7.htm,
https://publications.jrc.ec.europa.eu/repository/handle/JRC91946,
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