Innovative R&D and Optimal Investment under Uncertainty in High-Tech Industries : An Implication for Emerging Economies

In order to continue on the path to convergence with advanced countries, emerging countries need to strengthen their research capabilities. Often they try to do this through the development of strategic industries. The objective of this paper is to contribute to the debate on the effectiveness of po...

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Bibliographic Details
Main Authors: Tsai, Yingyi, Lin, Justin Yifu, Kurekova, Lucia
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/4986