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R&D and productivity in Danish firms: some empirical evidence Author info | Abstract | Publisher info | Download info | Related research | Statistics Valdemar Smith
Mogens Dilling-Hansen
Tor Eriksson
Erik Strøjer Madsen
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The aim of the paper is to examine the relationship between R&D capital and productivity using microdata for Danish manufacturing firms. The influence of factors such as ownership, innovative characteristics and source of funding accounted for. The return to accumulated R&D capital is estimated to be in the neighbourhood of 9-12%, whereas the short-run effect of R&D is insignificant. Furthermore, the direct influence from foreign ownership, source of funding accounted for, innovative characteristics and ownership dispersion on productivity are analysed. However, none of the factors seem to have an impact on firm productivity. The same is the case for the indirect influence coming from interaction with accumulated R&D capital.
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Article provided by Taylor and Francis Journals in its journal Applied Economics .
Volume (Year): 36 (2004)
Issue (Month): 16 (September)
Pages: 1797-1806
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Handle: RePEc:taf:applec:v:36:y:2004:i:16:p:1797-1806Contact details of provider: Web page: http://www.tandf.co.uk/journals/routledge/00036846.html
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Kim B. Clark & Zvi Griliches, 1982.
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references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
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0028, University of Zurich, Institute for Strategy and Business Economics (ISU).
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Laia Castany & Enrique Lopez-Bazo & Rosina Moreno, 2007.
"Decomposing differences in total factor productivity across firm size ,"
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200705, University of Barcelona, Research Institute of Applied Economics, revised Mar 2007.
[Downloadable!]
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