Bakhtiari, Sasan; Breunig, Robert
Using administrative data from firms in Australia that conduct research and development (R&D), we examine how R&D activity of other firms and public institutions affect a firm's own R&D expenditure. We distinguish between the impact of peers, suppliers and clients. We examine whether geographical proximity and industrial clustering affect R&D spillovers. Overall, we detect positive effects on R&D expenditure from spillovers from peers and clients to firms that are nearby; within 25 or 50 km....[Show more]
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