The Role of Sunk Costs in the Decision to Invest in R&D

By J. Máñez, M. E. Rochina-Barrachina, A. Sanchis, J. Sanchis. 2009

155 citations recorded by the source corpus.

Subfields: Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/77469677d4fd8d476762130d78c239e58db0da49

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In Economics and Econometrics

1. M. E. Rochina-Barrachina
2. A. Sanchis
3. J. Sanchis
4. J. Máñez

Citations in the corpus

• Inside Innovation Persistence: New Evidence From Italian Micro-Data (2012, unknown): “The generation of technological knowledge is indeed an activity characterized by significant indivisibility and learning (Stiglitz, 1987) and the production of new knowledge deriving from R&D efforts is affected by substantial sunk costs (Máñez et al., 2009).”
• Do process innovations boost SMEs productivity growth? (2013, background): “8 This is especially relevant for the case of R&D investments due to its sunk costs nature (Sutton, 1991, Máñez et al., 2009).”
• Directing technical change from fossil-fuel to renewable energy innovation: An application using firm-level patent data (2015, unknown): “1 Since the pioneering work of Popp (2002), patents have been widely used to study innovation in environmental technologies.”