From: Near is more: learning efficiency in research and development innovation among interlocking firms
 | Y = RD1t+1 | |
---|---|---|
X = CoRD1t | X = KmRD1t | |
(1) | (2) | |
Intercept | 0.0153*** | 0.0154*** |
(5.53) | (5.67) | |
Xt | 0.0375 | − 0.0014 |
(0.33) | (− 1.82) | |
Xt*Areat | 0.0587** | 0.0008* |
(3.08) | (2.32) | |
Areat | 0.0024*** | 0.0029*** |
(4.23) | (6.97) | |
Control variables | YES | YES |
Firm & Year FE | YES | YES |
Adj R2 | 28.28% | 27.37% |
Obs | 8922 | 8922 |