R&D capital and private production: testing firm characteristics using micro data
by Desiderio Romero-Jordán; María Jesús Delgado; Maria Jose Madeira Silva; Jacinta Moreira; Jorge Simões
International Journal of Innovation and Learning (IJIL), Vol. 14, No. 3/4, 2013

Abstract: This paper aims to provide evidence to add to current knowledge on the contribution of R&D capital to private production based on panel data of Spanish manufacturing firms over the period 1990 to 2005. The differences in how R&D capital affect firm production is explored for small and large firms and for technological intensity of the firm. The empirical exercise performed reflects that, for the whole sample, R&D effort has a significantly and positive impact on the firm production. We also find that belonging to technology-intensive sector exerts a positive effect on this relation. Firm characteristic of size does not lead to important differences according to the impact of R&D capital on production.

Online publication date: Mon, 30-Sep-2013

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