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Recherche-développement et performances des entreprises : une étude économétrique sur données individuelles

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  • Jacques Mairesse
  • Philippe Cunéo

Abstract

[fre] L'étude porte sur un échantillon de 390 entreprises grandes et moyennes des secteurs de la Chimie, de l'Electronique et de la Mécanique, qui font ou ne font pas de recherche-développement. Dans une première partie, on compare directement les caractéristiques et performances des entreprises de recherche et sans recherche ; cette comparaison montre que les différences entre ces entreprises ne sont pas aussi tranchées qu'on pourrait l'attendre. Dans une seconde partie, on compare plutôt les dépenses de recherche-développement des entreprises et leurs investissements physiques, en se fondant sur un analyse économétrique en termes de fonction de production. Les résultats concordent assez bien avec l'idée que la recherche-développement constitue un capital comparable au capital physique du point de vue de sa productivité et de sa rentabilité. Un examen de la robustesse de ces résultats permets d'en préciser la signification ; il conduit à aborder le problème de la divergence des estimations en coupe et en série temporelle, et il pose la question de la complémentarité entre qualification du travail et capital. [eng] Research-development and firm performance :. An econometr1c study on individual data. Jacques Mairesse, Philippe Cunéo. The study is based on a sample of 390 large and medium sized firms from the Chemical, Electrical equipment and Machinery industries, which either do or not invest in Research and Development (RD). In the first part, R-D and non-R-D firms are directly compared, the results showing that the differences in caracteristics and performance between them are not as sharp as one could have expected. In the second part, the comparison rests instead on the R-D and the physical investment of the firms, based on a production function approach. The econometric estimates agree rather well with the idea that R-D capital has a similar productivity and profitability to that of the physical capital stock. An analysis of the robustness provides a better underrtanding of the meaning of the results ; it brings into focus the problem of the discrepancy between the cross-section and time-series type of estimates ; it also raises the question of the complementarity between tobor qualification and capital.

Suggested Citation

  • Jacques Mairesse & Philippe Cunéo, 1985. "Recherche-développement et performances des entreprises : une étude économétrique sur données individuelles," Revue Économique, Programme National Persée, vol. 36(5), pages 1001-1042.
  • Handle: RePEc:prs:reveco:reco_0035-2764_1985_num_36_5_408879
    DOI: 10.3406/reco.1985.408879
    Note: DOI:10.3406/reco.1985.408879
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    References listed on IDEAS

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    1. Zvi Griliches, 1998. "Comparing Productivity Growth: An Exploration of French and U.S. Industrial and Firm Data," NBER Chapters, in: R&D and Productivity: The Econometric Evidence, pages 157-186, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Wakelin, Katharine, 2001. "Productivity growth and R&D expenditure in UK manufacturing firms," Research Policy, Elsevier, vol. 30(7), pages 1079-1090, August.
    2. Frédérique Savignac, 2006. "The impact of financial constraints on innovation: evidence from french manufacturing firms," Cahiers de la Maison des Sciences Economiques v06042, Université Panthéon-Sorbonne (Paris 1).
    3. Hans Lööf & Almas Heshmati, 2003. "The link between firm-level innovation and aggregate productivity growth: a cross-country examination," Research Evaluation, Oxford University Press, vol. 12(2), pages 131-147, August.
    4. Hall, Bronwyn H. & Mairesse, Jacques, 1995. "Exploring the relationship between R&D and productivity in French manufacturing firms," Journal of Econometrics, Elsevier, vol. 65(1), pages 263-293, January.
    5. Jacques Mairesse & Mohamed Sassenou, 1991. "R&D Productivity: A Survey of Econometric Studies at the Firm Level," NBER Working Papers 3666, National Bureau of Economic Research, Inc.
    6. O'Mahony, Mary & Vecchi, Michela, 2009. "R&D, knowledge spillovers and company productivity performance," Research Policy, Elsevier, vol. 38(1), pages 35-44, February.
    7. Hall, Bronwyn H. & Mairesse, Jacques & Mohnen, Pierre, 2010. "Measuring the Returns to R&D," Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 2, chapter 0, pages 1033-1082, Elsevier.
    8. Jarle Møen & Helge Sandvig Thorsen, 2017. "Publication Bias in the Returns to R&D Literature," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 8(3), pages 987-1013, September.
    9. Cristiano Antonelli & Giuseppe Scellato, 2013. "Complexity and technological change: knowledge interactions and firm level total factor productivity," Journal of Evolutionary Economics, Springer, vol. 23(1), pages 77-96, January.
    10. Cameron, G., 1996. "Innovation and economic growth," LSE Research Online Documents on Economics 20685, London School of Economics and Political Science, LSE Library.
    11. Bruno Crepon & Emmanuel Duguet & Jacques Mairesse, 1998. "Research, Innovation And Productivity: An Econometric Analysis At The Firm Level," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 7(2), pages 115-158.
    12. Harris, Richard & Li, Qian Cher & Trainor, Mary, 2009. "Is a higher rate of R&D tax credit a panacea for low levels of R&D in disadvantaged regions?," Research Policy, Elsevier, vol. 38(1), pages 192-205, February.
    13. Hans Loof & Almas Heshmati, 2006. "On the relationship between innovation and performance: A sensitivity analysis," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 15(4-5), pages 317-344.
    14. Andre Steenkamp & Mark Schaffer & Wayde Flowerday & John Goddard, 2018. "Innovation activity in South Africa: Measuring the returns to R&D," WIDER Working Paper Series 42, World Institute for Development Economic Research (UNU-WIDER).
    15. Haithem Ben Hassine & Claude Mathieu, 2021. "Price and quality competitiveness across OECD countries: An approach to quality by R&D expenditure," The World Economy, Wiley Blackwell, vol. 44(8), pages 2344-2382, August.
    16. Francesco Crespi & Mario Pianta, 2008. "Demand and innovation in productivity growth," International Review of Applied Economics, Taylor & Francis Journals, vol. 22(6), pages 655-672.
    17. Jacques Mairesse & Pierre Mohnen, 1990. "Recherche-Développement et productivité : un survol de la littérature économétrique," Économie et Statistique, Programme National Persée, vol. 237(1), pages 99-108.
    18. Sharma, Chandan, 2011. "Imported intermediary inputs, R&D and Firm's Productivity: Evidence from Indian Manufacturing," Proceedings of the German Development Economics Conference, Berlin 2011 74, Verein für Socialpolitik, Research Committee Development Economics.
    19. Zvi Griliches, 1998. "R&D and Productivity Growth: Comparing Japanese and U.S. Manufacturing Firms," NBER Chapters, in: R&D and Productivity: The Econometric Evidence, pages 187-210, National Bureau of Economic Research, Inc.
    20. Raquel Ortega-Argilés, 2013. "R&D, knowledge, economic growth and the transatlantic productivity gap," Chapters, in: Frank Giarratani & Geoffrey J.D. Hewings & Philip McCann (ed.), Handbook of Industry Studies and Economic Geography, chapter 11, pages 271-302, Edward Elgar Publishing.
    21. M. Ishaq Nadiri, 1993. "Innovations and Technological Spillovers," NBER Working Papers 4423, National Bureau of Economic Research, Inc.
    22. Pilar Beneito, 2001. "R&D productivity and spillovers at the firms level: evidence from Spanish panel data," Investigaciones Economicas, Fundación SEPI, vol. 25(2), pages 289-313, May.
    23. Andre Steenkamp & Mark Schaffer & Wayde Flowerday & John Gabriel Goddard, 2018. "Innovation activity in South Africa: Measuring the returns to R&D," WIDER Working Paper Series wp-2018-42, World Institute for Development Economic Research (UNU-WIDER).
    24. Patrick Sevestre, 1990. "Qualification de la main-d'oeuvre et productivité du travail," Économie et Statistique, Programme National Persée, vol. 237(1), pages 109-120.
    25. Hannu Piekkola, 2016. "Intangible Investment and Market Valuation," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 62(1), pages 28-51, March.

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