|
|||||
|
|
Does Europe perform too little corporate R&D? A comparison of EU and non-EU corporate R&D performance |
|
| Authors: | Pietro Moncada-Paternò-Castello Constantin Ciupagea Alexander Tübke |
| Institution: | a European Commission, Joint Research Centre, Institute for Prospective Technological Studies (IPTS), C/ Inca Garcilaso No. 3, E-41092 Seville, Spain b Institute of World Economy and Romanian Centre for Economic Modelling, Romania c Imperial College of London & Department for Innovation University and Skills, United Kingdom d Innovomantex Ltd and Ashcroft International Business School, United Kingdom |
| Abstract: | This paper examines whether there are significant differences in private R&D investment performance between the EU and the US and, if so, why. The study is based on data from the 2008 EU Industrial R&D Investment Scoreboard. The investigation assesses the effects of three very distinct factors that can determine the relative size of the overall R&D intensities of the two economies: these are the influence of sector composition (structural effect) vis-à-vis the intensity of R&D in each sector (intrinsic effect) and company demographics. The paper finds that the lower overall corporate R&D intensity for the EU is the result of sector specialisation (structural effect) - the US has a stronger sectoral specialisation in the high R&D intensity (especially ICT-related) sectors than the EU does, and also has a much larger population of R&D investing firms within these sectors. Since aggregate R&D indicators are so closely dependent on industrial structures, many of the debates and claims about differences in comparative R&D performance are in effect about industrial structure rather than sectoral R&D performance. These have complex policy implications that are discussed in the closing section. |
| Keywords: | O30 O32 O38 O57 |
| 本文献已被 ScienceDirect 等数据库收录！ | |