<abstract xmlns="http://www.w3.org/1999/xhtml"><p>We model and examine the research and development (R&amp;D) intensity of a focal industry from an inter-industry network perspective. More specifically, we estimate how a focal industry’s R&amp;D investment is affected by partner (suppliers and customers) industries’ R&amp;D expenditure. We also investigate the impact of the overall economy on the focal industry’s R&amp;D expenditure and finally how a focal industry’s position in the supply chain network moderates the overall economy’s impact on the focal industry’s R&amp;D expenditure. We found that, in general, a focal industry’s R&amp;D intensity is positively associated with its partner industries’ R&amp;D intensity. In addition, an industry’s R&amp;D intensity is positively associated with the growth rate of the overall economy. Finally, we found that a more central industry is subjected to a stronger impact of macroeconomic shocks on its R&amp;D intensity though there is no significant association between an industry’s centrality and its R&amp;D intensity.</p></abstract>

We model and examine the research and development (R&D) intensity of a focal industry from an inter-industry network perspective. More specifically, we estimate how a focal industry’s R&D investment is affected by partner (suppliers and customers) industries’ R&D expenditure. We also investigate the impact of the overall economy on the focal industry’s R&D expenditure and finally how a focal industry’s position in the supply chain network moderates the overall economy’s impact on the focal industry’s R&D expenditure. We found that, in general, a focal industry’s R&D intensity is positively associated with its partner industries’ R&D intensity. In addition, an industry’s R&D intensity is positively associated with the growth rate of the overall economy. Finally, we found that a more central industry is subjected to a stronger impact of macroeconomic shocks on its R&D intensity though there is no significant association between an industry’s centrality and its R&D intensity.

Determinants of Research and Development Intensity from a Network Perspective

Sorrell College of Business, Troy University

Department of Computer Science, Troy University

Studies in Business and Economics

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Determinants of Research and Development Intensity from a Network Perspective"}

We model and examine the research and development (R&D) intensity of a focal industry from an inter-industry network perspective. More specifically, we...

Determinants of Research and Development Intensity from a Network Perspective

Published Online: Jan 23, 2017

Page range: 129 - 139

DOI: https://doi.org/10.1515/sbe-2016-0040

Keywords
R&D, R&D intensity, network model, centrality

© 2016 Teng Joe K.L. et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Determinants of Research and Development Intensity from a Network Perspective

Published Online: Jan 23, 2017

Page range: 129 - 139

DOI: https://doi.org/10.1515/sbe-2016-0040

KeywordsR&D, R&D intensity, network model, centrality

© 2016 Teng Joe K.L. et al., published by De Gruyter Open

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
R&D, R&D intensity, network model, centrality