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Does Europe Perform Too Little Corporate R&D?
Pietro Moncada Paternò Castello
Constantin Ciupagea
Keith Smith
Alexander Tübke
Mike Tubbs
其他書名
A Comparison of EU and Non-EU Corporate R&D Performance
出版
Office for Official Publications of the European Communities
, 2009
URL
http://books.google.com.hk/books?id=VAuszQEACAAJ&hl=&source=gbs_api
註釋
This paper examines whether there are 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 several 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) visàvis the intensity of R&D in each sector (intrinsic effect) and the 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 ICTrelated) sectors than does the EU, 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 sector R&D performance. These have complex policy implications that are discussed in the closing section.