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Research and Development (view source)
Revision as of 17:01, 10 February 2016
, 17:01, 10 February 2016→Corporate R&D
Much of today's research is still dominated by the largest firms. Corporations with more than 10,000 employees account for more than half of research spending, while small businesses with less than 500 employees account for less than one-fifth of R&D expenditures. [http://iveybusinessjournal.com/publication/rethinking-corporate-research-and-development/]
The Oxford Review of Economic Policy conducted a [http://oxrep.oxfordjournals.org/content/18/1/35.short study ] on corporate financing of R&D. They found:
#Small and new innovative firms experience high costs of capital that are only partly mitigated by the presence of venture capital.
#Evidence for high costs of R&D capital for large firms is mixed, although these firms do prefer internal funds for financing these investments.
#There are limits to venture capital as a solution to the funding gap, especially in countries where public equity markets are not highly developed.
