Specialisation precedes diversification: R&D productivity effects

Arbeitspapier

We model how R&D enters the innovation system in four ways (intramural, extramural, cooperative, and spillover). Despite measuring three different spillovers together, for a very large sample of European enterprises we conclude that the productivity effects of spillovers were at best smaller than intramural R&D productivity effects. We also find that building on the greater skills and experience of enterprises already undertaking R&D (intensity) raised labour productivity more than providing support for those beginning R&D (extensity). Optimal extramural R&D intensity was higher than the actual level; sample firms could boost productivity either by abandoning extramural R&D or by doing much more. There were substantial differences in our sample between enterprises and countries in terms of R&D spillovers. Greater multinational corporation incidence in new EU members accounted for these countries' high direct R&D intensity productivity, regardless of their generally low overall labour productivity. Absorptive capacity made little difference to the utilisation of spillovers.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Cardiff Economics Working Papers ; No. E2023/16

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Enterprise Policy ; Business Objectives of the Firm ; State and Local Taxation, Subsidies, and Revenue ; Business Taxes and Subsidies including sales and value-added (VAT)
• Thema: R&D ; innovation ; knowledge spillover

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Foreman-Peck, James S. ; Zhou, Peng
• Ereignis: Veröffentlichung
• (wer): Cardiff University, Cardiff Business School
• (wo): Cardiff
• (wann): 2023

Weitere Informationen

• Handle: http://hdl.handle.net/10419/284178
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ