Scale Scope And Spillovers the Determinants of Research Productivity in Ethic

Cover Scale Scope And Spillovers the Determinants of Research Productivity in Ethic
Scale Scope And Spillovers the Determinants of Research Productivity in Ethic
Rebecca Henderson
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Each year, the end-of-year stock is set equal to the beginning-of-year stock net of depreciation, plus that year's flow. For the cases where the annual flow was missing "within" a series of observations, we set it equal to zero. In almost all instances, these missing values occur after the expenditure flows have been declining towards zero: we are reasonably that these are "real" zeros and not missing data which should be interpolated. We used the same procedure to accumulate "stocks" of patent...s, based on the flow variables described above.
33 ■ :■: :■" Original misnumbered.
Page 34 does not exist Table (1): Descriptive Statistics: Selected variables at the research program level.
Variable Regression Sample, N=' _ ii=J 1930 Mean Std.
Minimum Maximum Dev.
Discovery, 1986$m 1. 06 2. 31 0. 00 20. 18 Stock of Discovery 2. 987 6. 42 0. 00 55. 19 Own Patents 1. 86 3. 47 0. 00 34. 00 Stock of own patents 6. 59 11. 22 0. 00 96. 18 Own patents in related programs 3. 56 6. 26 0. 00 60. 00 News in own patents 0.


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