A note on the drivers of R&D intensity
AbstractThe objective of this paper is to evaluate the extent to which technological specialization influences the observed R&D intensity of countries, and hence would bias the well-known country rankings that consist in comparing aggregate R&D intensity. The econometric analysis performed on a cross-country cross-industry panel dataset (21 industrial sectors, 10 countries, from 1991 to 2002) suggests that accounting for the technological specialization of countries drastically reduces the differences in relative R&D efforts observed at the country level. The only exception is Sweden (and the USA, but to a lower extent), which has an ‘above-than-average’ R&D intensity in most industries. Countries like Finland, Japan or Germany do not have an R&D intensity that is particularly higher than their industrial structure would predict.
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Bibliographic InfoPaper provided by ULB -- Universite Libre de Bruxelles in its series Working Papers CEB with number 08-002.RS.
Length: 13 p.
Date of creation: 2008
Date of revision:
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More information through EDIRC
R&D intensity; S&T policies; high-tech industries;
Other versions of this item:
- E22 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Capital; Investment; Capacity
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
- O57 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-03-01 (All new papers)
- NEP-INO-2008-03-01 (Innovation)
- NEP-MAC-2008-03-01 (Macroeconomics)
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