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A Note on The Drivers of R&D Intensity

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Author Info
Mathieu, Azèle
van Pottelsberghe, Bruno

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Abstract

The objective of this paper is to evaluate the extent to which technological specialization influences the observed R&D intensity of countries. The econometric analysis performed on a cross-country cross-industry panel dataset (21 industrial sectors, 18 countries, from 2001 to 2004) suggests that accounting for the technological specialisation of countries substantially affect the traditional country ranking. The exceptions are Sweden, The United States, France and Japan, which have an ‘above-than-average’ R&D intensity in most industries, as compared to the 14 other countries. The high level of R&D intensity of South Korea and Finland, for instance, is essentially due to their specialisation in R&D-intensive industries, and not to a macroeconomic environment particularly favourable to R&D.

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Paper provided by C.E.P.R. Discussion Papers in its series CEPR Discussion Papers with number 6684.

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Date of creation: Feb 2008
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Handle: RePEc:cpr:ceprdp:6684

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Related research
Keywords: high-tech industries; Lisbon agenda; R&D intensity; Science and technology policies;

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Find related papers by JEL classification:
E22 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Capital; Investment; Capacity
O31 - Economic Development, Technological Change, and Growth - - Technological Change - - - Innovation and Invention: Processes and Incentives
O57 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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  1. Dominique Guellec & Bruno Van Pottelsberghe de la Potterie, 2004. "From R&D to Productivity Growth: Do the Institutional Settings and the Source of Funds of R&D Matter?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 66(3), pages 353-378, 07. [Downloadable!] (restricted)
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  2. Adams, James D, 1990. "Fundamental Stocks of Knowledge and Productivity Growth," Journal of Political Economy, University of Chicago Press, vol. 98(4), pages 673-702, August. [Downloadable!] (restricted)
  3. Zvi Griliches, 1979. "Issues in Assessing the Contribution of Research and Development to Productivity Growth," Bell Journal of Economics, The RAND Corporation, vol. 10(1), pages 92-116, Spring. [Downloadable!] (restricted)
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  4. Martin Falk, 2004. "What Drives Business R&D Intensity Across OECD Countries?," WIFO Working Papers 236, WIFO. [Downloadable!]
  5. Acemoglu, Daron & Aghion, Philippe & Zilibotti, Fabrizio, 2002. "Distance to Frontier, Selection, and Economic Growth," CEPR Discussion Papers 3467, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  6. Desmet, Klaus & Parente, Stephen, 2006. "Bigger is Better: Market Size, Demand Elasticity and Resistance to Technology Adoption," CEPR Discussion Papers 5825, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
  7. Dominique Guellec & Bruno Van Pottelsberghe, 2000. "The Impact of Public R&D Expenditure on Business R&D," OECD Science, Technology and Industry Working Papers 2000/4, OECD, Directorate for Science, Technology and Industry. [Downloadable!]
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