The complementarity effect of research and development on firm productivity
Returns to investment in research and development (R&D) are a subject of considerable interest in the literature on economics of innovation. However, a drawback of this literature is that R&D is mostly treated as a homogeneous activity. This article analyses the differentiated effect of research and development on productivity and tests the existence of complementarity between these activities. We find evidence supporting the existence of a direct effect of both innovation activities. Most interestingly, our results suggest that there is complementarity between research and development in determining productivity.
Year of publication: |
2013
|
---|---|
Authors: | Barge-Gil, Andrés ; López, Alberto |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 20.2013, 15, p. 1426-1430
|
Publisher: |
Taylor & Francis Journals |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
R versus D: Estimating the differentiated effect of research and development on innovation results
Barge-Gil, Andrés, (2011)
-
R&D determinants: Accounting for the differences between research and development
Barge-Gil, Andrés, (2014)
-
R versus D: Estimating the differentiated effect of research and development on innovation results
Barge-Gil, Andrés, (2011)
- More ...