The R&D drop in European utilities. Should we care about it?
AbstractBy using accounting data from the largest utility companies of Europe, this note illustrates the recent R&D performance in energy and telecommunication. Although not all the companies under consideration behaved symmetrically, most of them reduced substantially their R&D investment. Over the period 2000-05, their total R&D expenditures at current prices decreased by 33%, while their R&D intensity (on sales) diminished from 1.1 to 0.7%. In discussing the above findings, it is argued that a drop of this size is hardly justifiable and weakens the EU economy in a non-negligible manner.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 31.
Date of creation: 18 Sep 2006
Date of revision:
R&D performance; energy and telecommunication utilities;
Other versions of this item:
- Alessandro Sterlacchini, 2006. "The R&D Drop in European Utilities. Should we care about it?," DRUID Working Papers 06-19, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
- O38 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Government Policy
- L97 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Utilities: General
- O32 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Management of Technological Innovation and R&D
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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