Corporate R & D and productivity in Germany and the United Kingdom
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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.
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Series Statement
- Discussion paper ;
- no. 599
- Discussion paper (London School of Economics and Political Science. Centre for Economic Performance : Online) ;
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