From: Near is more: learning efficiency in research and development innovation among interlocking firms
 | Y = RD1t+1 | |
---|---|---|
X = CoRD1t | X = KmRD1t | |
(1) | (2) | |
Intercept | 0.0219*** | 0.0238*** |
(8.43) | (8.99) | |
Xt | 0.1969*** | 0.0005*** |
(11.52) | (6.53) | |
Xt*Techt | − 0.1630** | − 0.0006** |
(− 3.12) | (− 2.88) | |
Techt | 0.0033*** | 0.0022*** |
(4.48) | (3.81) | |
Control variables | YES | YES |
Firm & Year FE | YES | YES |
Adj R2 | 27.28% | 27.43% |
Obs | 8922 | 8922 |