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R&D Productivity: A Survey of Econometric Studies at the Firm Level

  • Jacques Mairesse
  • Mohamed Sassenou

This paper surveys econometric studies investigating the relationship between R&D and productivity at the firm level and assesses the results obtained so far and some of the problems encountered. The findings reviewed fall naturally into three major categories: based on the cross-sectional or time-series dimensions of the data and specified in terms of the elasticity of R&D or the rate of return to R&D. In view of the problems involved in modeling the effects of R&D on productivity and in measuring the appropriate variables, it is an agreeable surprise that most studies have managed to produce statistically significant and frequently plausible estimates. However, many of the current studies are not fully comparable and their results still leave much to be desired. The task of achieving progress is an arduous one.

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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 3666.

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Date of creation: Mar 1991
Date of revision:
Publication status: published as Science-Technology-Industry Review (OECD-Paris), No. 8, pp. 9-43, April 1991.
Handle: RePEc:nbr:nberwo:3666
Note: PR
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  1. Mansfield, Edwin, 1980. "Basic Research and Productivity Increase in Manufacturing," American Economic Review, American Economic Association, vol. 70(5), pages 863-73, December.
  2. Zvi Griliches & Jacques Mairesse, 1981. "Productivity and R and D at the Firm Level," NBER Working Papers 0826, National Bureau of Economic Research, Inc.
  3. Zvi Griliches, 1991. "The Search for R&D Spillovers," NBER Working Papers 3768, National Bureau of Economic Research, Inc.
  4. Griliches, Zvi, 1990. "Patent Statistics as Economic Indicators: A Survey," Journal of Economic Literature, American Economic Association, vol. 28(4), pages 1661-1707, December.
  5. Jacques Mairesse, 1988. "Les lois de la production ne sont plus ce qu'elles étaient : une introduction à l'économétrie des panels," Revue Économique, Programme National Persée, vol. 39(1), pages 225-271.
  6. 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.
  7. Griliches, Zvi & Mairesse, Jacques, 1983. "Comparing productivity growth: An exploration of french and U.S. industrial and firm data," European Economic Review, Elsevier, vol. 21(1-2), pages 89-119.
  8. Schankerman, Mark, 1981. "The Effects of Double-Counting and Expensing on the Measured Returns to R&D," The Review of Economics and Statistics, MIT Press, vol. 63(3), pages 454-58, August.
  9. repec:fth:harver:1473 is not listed on IDEAS
  10. Link, Albert N., 1983. "Inter-firm technology flows and productivity growth," Economics Letters, Elsevier, vol. 11(1-2), pages 179-184.
  11. Zvi Griliches, 1998. "Productivity Growth and R&D at the Business Level: Results from the PIMS Data Base," NBER Chapters, in: R&D and Productivity: The Econometric Evidence, pages 134-156 National Bureau of Economic Research, Inc.
  12. Minasian, Jora R, 1969. "Research and Development, Production Functions, and Rates of Return," American Economic Review, American Economic Association, vol. 59(2), pages 80-85, May.
  13. Odagiri, Hiroyuki & Iwata, Hitoshi, 1986. "The impact of R&D on productivity increase in Japanese manufacturing companies," Research Policy, Elsevier, vol. 15(1), pages 13-19, February.
  14. Zvi Griliches, 1980. "Returns to Research and Development Expenditures in the Private Sector," NBER Chapters, in: New Developments in Productivity Measurement, pages 419-462 National Bureau of Economic Research, Inc.
  15. Link, Albert N, 1981. "Basic Research and Productivity Increase in Manufacturing: Additional Evidence," American Economic Review, American Economic Association, vol. 71(5), pages 1111-12, December.
  16. Jaffe, Adam B, 1986. "Technological Opportunity and Spillovers of R&D: Evidence from Firms' Patents, Profits, and Market Value," American Economic Review, American Economic Association, vol. 76(5), pages 984-1001, December.
  17. Philippe Cuneo & Jacques Mairesse, 1983. "Productivity and R&D at the Firm Level in French Manufacturing," NBER Working Papers 1068, National Bureau of Economic Research, Inc.
  18. Jacques Mairesse & Mohamed Sassenou, 1989. "Les facteurs qualitatifs de la productivité : un essai d'évaluation," Économie et Prévision, Programme National Persée, vol. 91(5), pages 35-42.
  19. Frank R. Lichtenberg & Donald Siegel, 1989. "The Impact of R&D Investment On Productivity - New Evidence Using Linked R&D-LRD Data," NBER Working Papers 2901, National Bureau of Economic Research, Inc.
  20. Scherer, F M, 1982. "Inter-Industry Technology Flows and Productivity Growth," The Review of Economics and Statistics, MIT Press, vol. 64(4), pages 627-34, November.
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