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dc.contributor.author
Arza, Valeria
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dc.contributor.author
Cirera, Xavier
dc.contributor.author
Colonna, Agustina
dc.contributor.author
Lopez, Emanuel
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dc.date.available
2022-09-15T18:25:39Z
dc.date.issued
2020-04
dc.identifier.citation
Arza, Valeria; Cirera, Xavier; Colonna, Agustina; Lopez, Emanuel; Explaining differences in the returns to R&D in Argentina: The role of contextual factors and complementarities; World Bank; World Bank Policy Research Working Paper; 2020; 9219; 4-2020; 1-56
dc.identifier.issn
1813-9450
dc.identifier.uri
http://hdl.handle.net/11336/168995
dc.description.abstract
Argentina’s private investment in research and development is well below that of its peers. One important reason may be low and very heterogeneous returns to research and development activities on productivity. This paper uses novel microdata to estimate the returns to research and development and understand the contextual factors that shape their heterogeneity. The paper groups these context-based factors into knowledge complementary factors (that is, factors that affect the returns via learning capabilities from external sources of knowledge) and market complementary factors (factors that act via business capabilities to appropriate the returns to research and development investments). The paper hypothesizes that the effects of contextual factors depend on firms’ management capabilities and attitudes (innovative capacity), which determine firms’ ability to benefit from the context. The findings suggest that the returns are indeed heterogeneous across regions and sectors, and these results depend on some context-based factors, which can boost or depress the returns to R&D. The results have important policy implications, considering the effectiveness of innovation policies, need for adapting to specific regions and sectors, and maximization of the impact of these factors on the returns to research and development.
dc.format
application/pdf
dc.language.iso
eng
dc.publisher
World Bank
dc.rights
info:eu-repo/semantics/openAccess
dc.rights.uri
https://creativecommons.org/licenses/by/2.5/ar/
dc.subject
Productivity
dc.subject
Innovation
dc.subject
Complementary factors
dc.subject.classification
Organización Industrial
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dc.subject.classification
Economía y Negocios
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dc.subject.classification
CIENCIAS SOCIALES
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dc.title
Explaining differences in the returns to R&D in Argentina: The role of contextual factors and complementarities
dc.type
info:eu-repo/semantics/article
dc.type
info:ar-repo/semantics/artículo
dc.type
info:eu-repo/semantics/publishedVersion
dc.date.updated
2022-09-12T14:33:30Z
dc.identifier.eissn
1813-9450
dc.journal.volume
2020
dc.journal.number
9219
dc.journal.pagination
1-56
dc.journal.pais
Estados Unidos
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dc.description.fil
Fil: Arza, Valeria. Universidad Nacional de San Martin. Escuela de Economia y Negocios. Centro de Investigaciones Para la Transformacion.; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina
dc.description.fil
Fil: Cirera, Xavier. Banco Mundial; Estados Unidos
dc.description.fil
Fil: Colonna, Agustina. Universidad Nacional de San Martin. Escuela de Economia y Negocios. Centro de Investigaciones Para la Transformacion.; Argentina
dc.description.fil
Fil: Lopez, Emanuel. Universidad Nacional de San Martin. Escuela de Economia y Negocios. Centro de Investigaciones Para la Transformacion.; Argentina. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina
dc.journal.title
World Bank Policy Research Working Paper
dc.relation.alternativeid
info:eu-repo/semantics/altIdentifier/url/http://documents.worldbank.org/curated/en/875751587646359023/Explaining-Differences-in-the-Returns-to-R-D-in-Argentina-The-Role-of-Contextual-Factors-and-Complementarities
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