Impact of corporate R&D on efficiency in OECD industries

Dos Santos, Maria José Palma Lampreia; Diz, Henrique

Publication

Impact of corporate R&D on efficiency in OECD industries

2016-09Conference object

dc.contributor.author	Dos Santos, Maria José Palma Lampreia
dc.contributor.author	Diz, Henrique
dc.date.accessioned	2017-12-27T23:26:04Z
dc.date.available	2017-12-27T23:26:04Z
dc.date.issued	2016-09
dc.description	Artigo baseado na comunicação proferida 9th EuroMed conference of the EuroMed academy of business:: Innovation, entrepreneurship and digital ecosystems, realizado no EuroMed Research Business Institute, Warsaw (Poland), 14-16 setembro de 2016
dc.description.abstract	Efficiency and productivity has always being a key issue in economic science. The analysis of the impact of R&D (Research and Development) has been extensively studied in industries and countries of more or less aggregated level. This paper aims to investigate the impact of corporate R&D in performance of low-tech industries, medium-tech and high-tech in OECD countries. This paper aims to answer the questions: Is the impact of R&D significant for all types of industries? If so, what are the differences and the magnitude of these effects in each of these types of industries? To this end, an unbalanced dataset from 2000 to 2011 was collected for the main countries of Europe and the United States concerning low, medium and high-tech to analyse the impact of the magnitude of corporate R&D and capital accumulation on productivity of these industries. The productivity of industries was measured by stochastic parametric frontier functions, in order to measure the efficiency of R&D and accumulation of capital on labour productivity. The main results highlight the impact of corporate R&D on productivity of high-tech industries, but for other industries those relations are not clear. However, capital accumulation became crucial on low technology to improve their performance. These results, although needing to include a more extensive dataset of industries across countries, refer the need for policy and decision makers to allocate public funds for R&D in high-tech industries, while the investment in capital seems crucial, particularly in low-tech industries to improve the productivity.	en
dc.description.version	info:eu-repo/semantics/publishedVersion	pt_PT
dc.identifier.citation	DOS SANTOS, Maria José Palma L.; DIZ, Henrique - Impact of corporate R&D on efficiency in OECD industries. In: VRONTIS , Demetris; WEBER, Yaakov; TSOUKATOS, Evangelos (eds.) - Innovation, entrepreneurship and digital ecosystems: 9th EuroMed conference of the EuroMed academy of business: book proceedings.Warsaw (Poland): EuroMed Press, 2016. ISBN 978-9963-711-43-7. pp. 629-642	pt_PT
dc.identifier.isbn	978-9963-711-43-7
dc.identifier.uri	http://hdl.handle.net/10400.21/7809
dc.language.iso	eng	pt_PT
dc.peerreviewed	yes	pt_PT
dc.publisher	EuroMed Press	pt_PT
dc.relation.publisherversion	emrbi.org/wp-content/uploads/2016/08/euromed2016bof.pdf	pt_PT
dc.rights.uri	http://creativecommons.org/licenses/by-nc-sa/4.0/	pt_PT
dc.subject	Corporate research and development	en
dc.subject	Productivity	en
dc.subject	Technical efficiency	en
dc.subject	Stochastic frontier analysis	en
dc.subject	OECD countries	en
dc.title	Impact of corporate R&D on efficiency in OECD industries	en
dc.type	conference object
dspace.entity.type	Publication
oaire.citation.conferencePlace	Warsaw, Poland	pt_PT
oaire.citation.endPage	642	pt_PT
oaire.citation.startPage	629	pt_PT
oaire.citation.title	Innovation, entrepreneurship and digital ecosystems: 9th EuroMed conference of the EuroMed academy of business: book proceedings	pt_PT
person.familyName	Dos-Santos
person.givenName	Maria José Palma Lampreia
person.identifier.ciencia-id	011D-55C7-976C
person.identifier.orcid	0000-0002-1992-0419
person.identifier.scopus-author-id	56107451000
rcaap.rights	openAccess	pt_PT
rcaap.type	conferenceObject	pt_PT
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