Impact of R&D on productivity: Firm-level evidence from Finland

Arbeitspapier

This study analyses how R&D expenditure impacts the productivity of companies. We analyse the productivity impact of R&D using a large panel dataset of Finnish firms over a nine‐year period from 1996 to 2004. Our results are two-fold. In the short run (in 1-2 years) we find no statistically significant productivity impact of R&D. However, R&D does have an economically and statistically significant impact when we take into account R&D efforts made 3‐5 years before. Hence, a window of almost 5 years is needed to capture the productivity impact of R&D.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: ETLA Discussion Papers ; No. 1031

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Business Taxes and Subsidies including sales and value-added (VAT) ; Management of Technological Innovation and R&D ; Technological Change: Government Policy
• Thema: R&D, research and development, dynamic, productivity, lag, long run ; Betriebliche Forschung ; Unternehmensentwicklung ; Produktivität ; Statistische Bestandsanalyse ; Finnland

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Ali-Yrkkö, Jyrki ; Maliranta, Mika
• Ereignis: Veröffentlichung
• (wer): The Research Institute of the Finnish Economy (ETLA)
• (wo): Helsinki
• (wann): 2006

Weitere Informationen

• Handle: http://hdl.handle.net/10419/63956
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ