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- W1898487769 abstract "What are the dynamics of R&D investment when firms agglomerate in environments with weak intellectual property rights protection? Specifically, do foreign and domestic firms present equal opportunities for free riding by domestic firms in such environments? We examine the impact on local firms' R&D investment from knowledge spillovers originating from co-located foreign and domestic firms within and across industries. Building on fieldwork in India, we predict free riding by local firms on nearby foreign and local firms. Furthermore, we expect local firms to free ride more from other local firms within their industry and from foreign firms across industries. Analyzing a sample of 3,475 R&D lab investment decisions during 2003–2010 in India, we find that local firms free ride from other local firms both within and across industries. Copyright © 2014 John Wiley & Sons, Ltd." @default.
- W1898487769 created "2016-06-24" @default.
- W1898487769 creator A5053879190 @default.
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- W1898487769 date "2015-01-26" @default.
- W1898487769 modified "2023-10-01" @default.
- W1898487769 title "R&D investment dynamics in agglomerations under weak appropriability regimes: Evidence from Indian R&D labs" @default.
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- W1898487769 doi "https://doi.org/10.1002/smj.2351" @default.
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