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R&D and productivity: In search of complementarity between research and development activities

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  • Barge-Gil, Andrés
  • López, Alberto

Abstract

The link between R&D and productivity has been widely analyzed. However, these innovation activities have been considered as a whole. This paper analyzes the differentiated effect of research and development on productivity and tests the existence of complementarity between these activities. We find evidence supporting the existence of a direct effect of both innovation activities. Most interesting, our results suggest that there is complementarity between research and development in determining productivity.

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File URL: http://mpra.ub.uni-muenchen.de/43808/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 43808.

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Date of creation: Jan 2013
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Handle: RePEc:pra:mprapa:43808

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Keywords: R&D; Productivity; Complementarity;

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  1. Czarnitzki, Dirk & Thorwarth, Susanne, 2012. "Productivity effects of basic research in low-tech and high-tech industries," Research Policy, Elsevier, vol. 41(9), pages 1555-1564.
  2. López, Alberto, 2012. "Productivity effects of ICTs and organizational change: A test of the complementarity hypothesis in Spain," MPRA Paper 40400, University Library of Munich, Germany.
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  7. Barge-Gil, Andrés & López, Alberto, 2011. "R versus D: Estimating the differentiated effect of research and development on innovation results," MPRA Paper 29091, University Library of Munich, Germany.
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  19. Arellano, Manuel & Bond, Stephen, 1991. "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations," Review of Economic Studies, Wiley Blackwell, vol. 58(2), pages 277-97, April.
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  26. Zvi Griliches, 1995. "The Discovery of the Residual: An Historical Note," NBER Working Papers 5348, National Bureau of Economic Research, Inc.
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