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Innovation and r&d investment of tunisian firms : a two-regime model with selectivity correction
Joint Authors
Source
Economic Research Forum : Working Paper Series
Issue
Vol. 2009, Issue 509 (31 Dec. 2009), pp.1-25, 25 p.
Publisher
Economic Research Forum for the Arab Countries Iran and Turkey
Publication Date
2009-12-31
Country of Publication
Egypt
No. of Pages
25
Main Subjects
Topics
Abstract EN
The purpose of the paper is to produce new empirical evidence regarding the determinants of R&D investment by Tunisian firms, through introducing the relationship between R&D expenditures and innovation effort of firms.
We suppose that factors explaining in-house R&D are not the same according to whether the firm is innovating or not.
Our empirical analysis utilizes econometric models of selectivity correction (Heckman, 1976-1979; Lee, 1976-1978) and considers a sample of 320 firms during the period 2002-2005.
On the one hand, econometrics results show a positive impact of R&D activities, human capital quality, past experience in innovation and publics subsidies on probability to innovate of firms whereas ownership structure (state and foreign owners) have a negative impact.
While on the other hand, when estimating the determinants of R&D expenditures for the two groups of firms (innovating and non-innovating) we find interesting results; there are spillover effects only for innovating firms and which have an absorptive capacity.
Also channels for acquisition of external technologies play an important role in explaining R&D expenditures.
Finally, ownership structure has a significant impact on R&D investment especially for foreign controlled firms.
The effect is positive for innovating firms and negative for non-innovating firms.
American Psychological Association (APA)
Karray, Zuhur& Kriaa, Muhammad. 2009. Innovation and r&d investment of tunisian firms : a two-regime model with selectivity correction. Economic Research Forum : Working Paper Series،Vol. 2009, no. 509, pp.1-25.
https://search.emarefa.net/detail/BIM-47207
Modern Language Association (MLA)
Karray, Zuhur& Kriaa, Muhammad. Innovation and r&d investment of tunisian firms : a two-regime model with selectivity correction. Economic Research Forum : Working Paper Series No. 509 (December 2009), pp.1-25.
https://search.emarefa.net/detail/BIM-47207
American Medical Association (AMA)
Karray, Zuhur& Kriaa, Muhammad. Innovation and r&d investment of tunisian firms : a two-regime model with selectivity correction. Economic Research Forum : Working Paper Series. 2009. Vol. 2009, no. 509, pp.1-25.
https://search.emarefa.net/detail/BIM-47207
Data Type
Journal Articles
Language
English
Notes
Includes appendices : p. 18-25
Record ID
BIM-47207