Suppliers Dynamic Approach to Invest in R&D with Sunk Costs in Indian Contexts
In this paper we test for the presence of sunk costs in suppliers’ R&D activities by analyzing the persistence of these activities using supplier level panel data. We develop and estimate a dynamic discrete choice model where each supplier’s current R&D expenditure is a function, among ot...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Ala-Too International University
2015-05-01
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| Series: | Eurasian Journal of Business and Economics |
| Subjects: | |
| Online Access: | http://www.ejbe.org/EJBE2015Vol08No15p061KUMAR-RAMAN-RAMAN.pdf |