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| dc.title | Private Return to R&D Activities in Chile |
| dc.contributor.author | Benavente, José Miguel |
| dc.contributor.author | Calvo, Carolina |
| dc.contributor.orgunit | Competitiveness, Technology and Innovation Division |
| dc.coverage | Chile |
| dc.coverage | South America |
| dc.coverage | Latin America and the Caribbean |
| dc.date.available | 2019-08-16T00:00:00 |
| dc.date.issue | 2019-08-16T00:00:00 |
| dc.description.abstract | Using a panel data of innovative Chilean firms, we obtain a private return for R&D expenditure over 30 percent during this decade. Despite the fact of being almost twice the return obtained for physical capital, results show that R&D expenditure causes contemporaneous negative impacts over firms profits suggesting that a learning process is in place. Nevertheless, after two years, the net effect is positive and may explain why private participation in research activities is still very low in Chile. |
| dc.format.extent | 42 |
| dc.identifier.doi | http://dx.doi.org/10.18235/0001830 |
| dc.identifier.url | https://publications.iadb.org/publications/english/document/Private_Return_to_RD_Activities_in_Chile_en.pdf |
| dc.language.iso | en |
| dc.medium | Adobe PDF |
| dc.publisher | Inter-American Development Bank |
| dc.subject | Information and Communication Technology |
| dc.subject | Research and Development |
| dc.subject.jelcode | O30 - Innovation • Research and Development • Technological Change • Intellectual Property Rights: General |
| dc.subject.jelcode | L60 - Industry Studies: Manufacturing: General |
| dc.type | Discussion Papers |
| idb.identifier.pubnumber | IDB-DP-00706 |
| idb.operation | CH-L1148 |