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This paper discusses the link between R&D and productivity across the European industrial and service sectors. The … impact on labour productivity; this general result is largely consistent with previous literature in terms of the sign, the …, R&D investment is not the sole source of productivity gains; technological change embodied in gross investment is of …
Persistent link: https://www.econbiz.de/10005078574
investment in knowledge, and its productivity, looking at sectoral peculiarities which may emerge; to this end, we use a large … positive impact on a firm's productivity, with an overall elasticity of about 0.10; this general result is largely consistent … ahead in terms of the impact on productivity of their R&D investments; moreover, a shift in favour of the service sectors …
Persistent link: https://www.econbiz.de/10009323394
The literature has pointed to different causes to explain the productivity gap between Europe and United States in the … last decades. This paper tests the hypothesis that the lower European productivity performance in comparison with the US …&D investment into productivity gains. The proposed microeconometric estimates are based on a unique longitudinal database covering …
Persistent link: https://www.econbiz.de/10008876557