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German R&D-Intensive Industries: Value Added and Productivity Have Recovered Considerably after the Crisis

Author

Listed:
  • Heike Belitz
  • Martin Gornig
  • Alexander Schiersch

Abstract

No large industrialized nation is as strongly specialized in the production of R&D-intensive goods as Germany. In the crisis year 2009 these export-oriented industries had to pass a crucial test. The slump in sales endangered both specialized jobs and the financing of high R&D expenditures, and thus the ability of these industries to compete technologically in the future. The Commission of Experts for Research and Innovation (Expertenkommission Forschung und Innovation - EFI), which regularly informs the German government about the status and prospects of Germany's technological performance, requires early indications about the development of R&D-intensive industries. Detailed comparative international data regarding industrial development, such as the EU KLEMS Datenbasis and the OECD STAN data, is only available with a lag of two to three years. This is why the DIW has estimated the value added and the volume of labour input for R&D-intensive industries in Germany, the US, Japan, France and the UK for the period from 2008 to 2010. This extended database is used to analyze the development of production and labour productivity up to the present.

Suggested Citation

  • Heike Belitz & Martin Gornig & Alexander Schiersch, 2011. "German R&D-Intensive Industries: Value Added and Productivity Have Recovered Considerably after the Crisis," DIW Economic Bulletin, DIW Berlin, German Institute for Economic Research, vol. 1(2), pages 6-10.
    • Handle: RePEc:diw:diwdeb:2011-2-3
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    File URL: https://www.diw.de/documents/publikationen/73/diw_01.c.377104.de/diw_econ_bull_2011-02-3.pdf
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    Cited by:

    1. Fliaster, Alexander & Golly, Tanja, 2014. "Innovation in small and medium-sized companies: Knowledge integration mechanisms and the role of top managers’ networks," management revue - Socio-Economic Studies, Nomos Verlagsgesellschaft mbH & Co. KG, vol. 25(2), pages 125-147.

    More about this item

    Keywords

    Industrial specialization; international trade; manufacturing. - industries;
    All these keywords.

    JEL classification:

    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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