R&D, knowledge spillovers and company productivity performance

被引:123
|
作者
O'Mahony, Mary [1 ]
Vecchi, Michela [1 ]
机构
[1] Natl Inst Econ & Social Res, London SW1P 3HE, England
基金
英国经济与社会研究理事会;
关键词
Industry taxonomies; R&D; Human capital; Productivity; Spillovers; UNITED-STATES; PANEL-DATA; TECHNOLOGICAL OPPORTUNITY; INCREASING RETURNS; FIRM PERFORMANCE; FACES; GROWTH; INDUSTRIES; INNOVATION; COUNTRIES;
D O I
10.1016/j.respol.2008.09.003
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
Using company accounts data for 5 countries (US, UK, Japan, France and Germany) we analyse the relationship between intangible assets and productivity. We integrate the company data with industry information on tangible and intangible investments and skill composition of the tabour force. The industry data are summarised in two different taxonomies, factor and skill intensive groups, which account for differences in the knowledge intensity and innovative activities within sectors. The results provide evidence of higher productivity in R&D and skill intensive industries. This can be interpreted as evidence in favour of the presence of spillover effects. (C) 2008 Elsevier B.V. All rights reserved.
引用
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页码:35 / 44
页数:10
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