What Determines Industrial R&D Expenditure In The Uk?
AbstractIn this paper we identify some of the factors behind the comparatively poor R&D performance of the UK in the 1990s, when R&D intensity in the business sector declined consistently. We estimate an econometric model of R&D using a panel of UK manufacturing industries. Our results highlight the importance of industry characteristics such as sales and profitability, product market competition, macroeconomic factors such as interest and exchange rates, and the composition of R&D expenditure and funding. A rise in the share of government-funded R&D or the share of foreign R&D is found to have a positive impact on aggregate R&D expenditure. Copyright � 2008 The Authors; Journal compilation � 2008 Blackwell Publishing Ltd and The University of Manchester.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by University of Manchester in its journal Manchester School.
Volume (Year): 76 (2008)
Issue (Month): 1 (01)
Contact details of provider:
Postal: Manchester M13 9PL
Phone: (0)161 275 4868
Fax: (0)161 275 4812
Web page: http://www.blackwellpublishing.com/journal.asp?ref=1463-6786
More information through EDIRC
Other versions of this item:
- Bettina Becker & Nigel Pain, 2003. "What Determines Industrial R&D Expenditure in the UK?," NIESR Discussion Papers 211, National Institute of Economic and Social Research.
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Mark Rogers, 2010. "R&D and productivity: using UK firm-level data to inform policy," Empirica, Springer, vol. 37(3), pages 329-359, July.
- Subal C. Kumbhakar & Raquel Ortega-Argilés & Lesley Potters & Marco Vivarelli & Peter Voigt, 2010.
"Corporate R&D and firm efficiency: Evidence from Europe’s top R&D investors,"
JRC-IPTS Working Papers on Corporate R&D and Innovation
2010-11, Institute of Prospective Technological Studies, Joint Research Centre.
- Subal Kumbhakar & Raquel Ortega-Argilés & Lesley Potters & Marco Vivarelli & Peter Voigt, 2012. "Corporate R&D and firm efficiency: evidence from Europe’s top R&D investors," Journal of Productivity Analysis, Springer, vol. 37(2), pages 125-140, April.
- Kumbhakar, Subal C. & Ortega-Argilés, Raquel & Potters, Lesley & Vivarelli, Marco & Voigt, Peter, 2009. "Corporate R&D and Firm Efficiency: Evidence from Europe’s Top R&D Investors," IZA Discussion Papers 4657, Institute for the Study of Labor (IZA).
- Aiello, Francesco & Cardamone, Paola, 2012.
"Regional economic divide and the role of technological spillovers in Italy. Evidence from microdata,"
Structural Change and Economic Dynamics,
Elsevier, vol. 23(3), pages 205-220.
- Francesco Aiello & Paola Cardamone, 2010. "Regional Economic Divide And The Role Of Technological Spillovers In Italy. Evidence From Microdata," Working Papers 201010, Università della Calabria, Dipartimento di Economia, Statistica e Finanza (Ex Dipartimento di Economia e Statistica).
- Aiello, Francesco & Cardamone, Paola, 2010. "Regional economic divide and the role of technological spillovers in Italy. Evidence from microdata," MPRA Paper 22572, University Library of Munich, Germany.
- Benjamin H. Liebman & Kara M. Reynolds, 2009. "Innovation Through Protection: Does Safeguard Protection Increase Investment in R and D?," Working Papers 2009-18, American University, Department of Economics.
- Davis, Nick, 2006. "Business R&D, Innovation and Economic Growth: An Evidence-Based Synthesis of the Policy Issues," Occasional Papers 06/8, Ministry of Economic Development, New Zealand.
- Paola Cardamone, 2012. "A micro-econometric analysis of the role of R&D spillovers using a nonlinear translog specification," Journal of Productivity Analysis, Springer, vol. 37(1), pages 41-58, February.
- Raquel Ortega-Argilés & Lesley Potters & Marco Vivarelli, 2009.
"R&D and Productivity: Testing Sectoral Peculiarities Using Micro Data,"
JRC-IPTS Working Papers on Corporate R&D and Innovation
2009-3, Institute of Prospective Technological Studies, Joint Research Centre.
- Raquel Ortega-Argilés & Lesley Potters & Marco Vivarelli, 2011. "R&D and productivity: testing sectoral peculiarities using micro data," Empirical Economics, Springer, vol. 41(3), pages 817-839, December.
- Potters, Lesley & Ortega-Argilés, Raquel & Vivarelli, Marco, 2008. "R&D and Productivity: Testing Sectoral Peculiarities Using Micro Data," IZA Discussion Papers 3338, Institute for the Study of Labor (IZA).
- Massimiliano Mazzanti & Valeria Costantini & Susanna Mancinelli & Massimilano Corradini, 2011.
"Environmental and Innovation Performance in a Dynamic Impure Public Good Framework,"
201117, University of Ferrara, Department of Economics.
- Massimiliano Corradini & Valeria Costantini & Susanna Mancinelli & Massimiliano Mazzanti, 2011. "Environmental and innovation performance in a dynamic impure public good framework," Departmental Working Papers of Economics - University 'Roma Tre' 0141, Department of Economics - University Roma Tre.
- Ben Zina, Tarek & Ben Zina, Naceur, 2006. "Complementarity or substitutability between private and public investment in R&D: An empirical study," MPRA Paper 3929, University Library of Munich, Germany, revised 28 Jan 2007.
- Jamasb, T. & Pollitt, M., 2005. "Deregulation and R&D in Network Industries: The Case of the Electricity Industry," Cambridge Working Papers in Economics 0533, Faculty of Economics, University of Cambridge.
- Bettina Becker, 2013. "The Determinants of R&D Investment: A Survey of the Empirical Research," Discussion Paper Series 2013_09, Department of Economics, Loughborough University, revised Sep 2013.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.