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.
An article based on this working paper has been published in 'Structural Change and Economic Dynamics' in February 2011. Link
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.
An article based on this working paper has been published in 'Research Policy' in May 2010. Link
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.
An article based on this working paper has been published in 'Contemporary Economic Policy' in July 2010. Link
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.
An article based on this paper has been published in 'Empirical Economics' in October 2010. Link
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.
An article based on this working paper has been published in 'Science and Public Policy' in July 2010. Link
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.
