This paper aims to assess the impact of both geographic and industrial diversification of economic activities on the productivity performance of large European R&D Multinational Enterprises (MNEs). Based on the worldwide subsidiaries of these firms, we measure the performance of the firms...

This document analyses the nature of service R&D activity and growth. The role and significance of R&D in services has been growing rapidly recently, although in the context of services it is also important to note that much innovative activity in the service sector remains of a non-R&D and...

The public-private nexus is a complex interface where policies and infrastructure influence management decisions about R&D investments and innovation opportunities. The interface is continuously evolving and conditions vary from country to country and industry to industry. Technological and...

The average firm size of the top R&D investors among US-based companies is smaller than that of the EU-based firms. Does this help to explain why the US has a greater R&D intensity, or is the higher firm size in the EU, just as its lower R&D intensity, determined by the sectors in which the top...

Under the influence of the Lisbon Strategy (2000), the Barcelona ‘3%’ objective (2002) for more investment in research in Europe and the renewed Lisbon Strategy (2005), increased attention has been paid by both policy-makers and researchers to the origin of the EU-US R&D investment gap,...

This paper discusses the link between R&D and productivity across the European industrial and service sectors. The empirical analysis is based on both the European sectoral OECD data over the period 1987-2002 and on a unique micro longitudinal database consisting of 532 top European R&D...

The aim of this study is to investigate the relationship between a firm's R&D activities and its productivity using a unique micro data panel dataset and looking at sectoral peculiarities which may emerge; more specifically, we used an unbalanced longitudinal database consisting of 532 top...

This research investigates deals with the impact of various innovation activities on innovation output by using Spanish CIS3 data on 3,247 innovative firms and applying several Knowledge Production Functions. It is confirmed that different innovation activities lead to differences in both the...

R&D and the entire innovation process are likely to be affected by the current crisis. Apart from changes in R&D spending, as any crisis usually provides also chances it may stimulate a new wave of networked / open innovation and in this regard lead to 'creative destruction' as Schumpeter called...

The 3% Action Plan of the Lisbon Agenda was adopted with the aim of making Europe more innovative through increases in both private and public R&D spending. R&D forms an important part of innovation activities, but ignores many other activities. However, the policy focus on R&D investment means...