Ortega-Argilés, Raquel; Piva, Mariacristina; … - 2011
last decades. This paper tests the hypothesis that the lower European productivity performance in comparison with the US … can be explained not only by a lower level of corporate R&D investment, but also by a lower capacity to translate R …&D investment into productivity gains. The proposed microeconometric estimates are based on a unique longitudinal database covering …