Author

Contributions

  • Harhoff, Dietmar. - Contributor
  • Van Reenen, John. - Contributor
  • London School of Economics and Political Science. Centre for Economic Performance. - Contributor

Publication

2003 - Centre for Economic Performance, London School of Economics and Political Science, London, England

Language

English

Word Count

0 words, Guess

Page Count

0 pages

Physical Format

Electronic resource

Identifiers

  • ISBN-10075301677X
  • ISBN-139780753016770
  • Library of Congress Control Number2005615348
  • Open LibraryOL3475906M

Classifications

  • LCCHC10

Description

"This paper analyzes differences in R&D spending and in the impact of R&D on productivity between German and UK firms. We confirm that German firms spend significantly larger amounts on R&D than their UK counterparts, even after controlling for firm size and industry effects. Using a dynamic production function approach, we find that the R&D output elasticity is approximately the same in both countries, implying a much larger rate of return on R&D in the UK than in Germany. We discuss several explanations for this result"--London School of Economics web site.

Subjects

Topics

Econometric modelsIndustrial ResearchIndustrial productivityResearch, Industrial -- Germany -- Econometric modelsIndustrial productivity -- Germany -- Econometric modelsResearch, Industrial -- United States -- Econometric modelsIndustrial productivity -- United States -- Econometric models

Series Statement

  • Discussion paper ;
  • no. 599
  • Discussion paper (London School of Economics and Political Science. Centre for Economic Performance : Online) ;

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