- Search
Search
- LoginAccess your ApplicationFor current applicantsOr learn more about our programmes and applyAccess MyINSEADFor current participants and alumni
Related Faculty

Jurgen Mihm
Professor of Technology and Operations Management
Keywords
R&D Strategy; R&D Spending; Variability in R&D Spending; Innovation; Arellano–Bond GMM Estimation;
Journal Article
Pennetier C., Girotra K., Mihm J. (2019). R&D Spending: Dynamic or Persistent? Manufacturing and Service Operations Management, 21(3), (pp636-657).
It is well established that returns to spending on research and development are positive and accrue over several years — that is, firms benefit from higher levels of cumulative R&D spending.