2009 Working Papers Series on Corporate R&D and Innovation 2009 Working Papers Series on Corporate R&D and Innovation

R&D-intensive SMEs in Europe: What do we know about them?

Authors: Raquel Ortega-Argilés, Lesley Potters and Peter Voigt
No. 15/2009

This paper typifies different groups of EU R&D-intensive SMEs according to their inputs into the innovation process. The results show that diversity between clusters calls for a more careful understanding of their characteristics before developing measures to support R&D-intensive SMEs.

The Performance of Top R&D Investing Companies in the Stock Market

Authors: Michele Cincera, Raquel Ortega-Argilés and Pietro Moncada-Paternò-Castello
No. 14/2009

Based on an original data set over the 2003-2006 period, such analysis indicates that there is often a positive relationship between top R&D-investing companies and their performance in the stock markets as measured by the evolution of their market capitalisations' values.

The impact of innovation on labour productivity growth in European industries

Authors: Francesco Bogliacino and Mario Pianta
No. 13/2009

The paper investigates the different patterns of technological change that can be identified through the use of the detailed data provided by innovation surveys at the sectoral level for major European countries, exploring the effects on labour productivity, employment and other performance indicators.

The global economic and financial downturn: What does it imply for firms' R&D strategies?

Authors: Peter Voigt and Pietro Moncada-Paternò-Castello
No. 12/2009

The paper focuses on adjustments of firms' R&D strategies in the light of the economic turmoil and how the policy response to the global economic and financial downturn could change the R&D landscape.

Does Europe perform too little corporate R&D?

Authors: Pietro Moncada-Paternò-Castello, Constantin Ciupagea, Keith Smith, Alexander Tübke and Mike Tubbs
No. 11/2009

This paper examines the differences in private R&D investment performance between the EU and the US. It assesses the distributions of R&D intensity, the effects of the sector composition vis-à-vis the intensity of R&D in each sector, and the differences in demographics of large R&D investing companies.

Innovation input and output: differences among sectors

Authors: Lesley Potters
No. 10/2009

This paper investigates the impact of various innovation activities on innovation output by using Spanish CIS3 data on 3,247 innovative firms and applying several Knowledge Production Functions.

Is Corporate R&D Investment in High-Tech Sectors More Effective?

Authors: Raquel Ortega-Argilés, Mariacritina Piva, Lesley Potters and Marco Vivarelli
No. 09/2009

This paper discusses the link between R&D and productivity across the European industrial and service sectors. It points out that corporate R&D investment is more effective in the high-tech sectors and this may need to be taken into account when designing policy instruments.

R&D in Low-Tech Sectors

Authors: Lesley Potters
No. 08/2009

Policy focus on R&D investment means little attention for firms that perform little R&D, but innovate in other ways, specifically firms from low-tech sectors. This paper deals with firms from these sectors, their role in the economy, innovation strategies and recent trends.

Business R&D in SMEs

Authors: Raquel Ortega-Argilés and Peter Voigt
No. 07/2009

This report discusses business R&D in SMEs in the light of a systematic review of publicly available information on industrial R&D, its common trends and related emerging issues.

The public/private nexus of R&D

Authors: Deborah Cox and Dimitri Gagliardi
No. 06/2009

This document discusses the most relevant aspects of the public-private nexus of R&D. These aspects include the role of incentives for R&D and innovation investment, the significance of company size, the importance of skills and levels of education, as well as the availability and quality of R&D facilities.

Services R&D

Authors: Jeremy Howells
No. 05/2009

This document analyses the nature of service R&D activity. It arguments that services are becoming more research intensive over time and the significance of innovation to their performance is also increasingly being recognised.

EU-R&D in Services Industries and the EU-US R&D Investment Gap No. 04/2009

Authors: Vincent Duchêne, Elissavet Lykogianni and Arnold Verbeek

This paper focuses on the impact of differences in accounting practices between national statistical offices in Europe and in the US when classifying the reported R&D expenditure by industry.

R&D and Productivity: Testing Sectoral Peculiarities Using Micro Data

Authors: Raquel Ortega-Argilés, Lesley Potters and Marco Vivarelli
No. 03/2009

The aim of this study is to investigate the relationship between a firm's R&D activities and its productivity per employee using a unique micro data panel dataset and looking at sectoral peculiarities which may emerge.

EU-US differences in the size of R&D intensive firms

Authors: Raquel Ortega-Argilés and Andries Brandsma
No. 02/2009

This paper analyses the R&D productivity link at the macro, sectoral and firm level. It concludes that high-tech sectors are getting more in terms of productivity per employee from R&D efforts.

Corporate R&D: A policy target looking for instruments

Authors: Pietro Moncada-Paternò-Castello and Keith Smith
No. 01/2009

This paper reflects upon the EU policy target to foster the private R&D investment and argues that the EU's strategy is short on policy instruments to reach such targets.