@techreport{Ortega-Argiles2008differences,
abstract = {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 R&D investors are operating? Using data on the top-R&D investors from the 2006 EU Industrial R&D Investment Scoreboard, the size differential between R&D performers in the EU and US is more closely examined. A first observation is that, despite great differences between sectors, the overall distribution of companies' R&D investments in both economies is remarkably similar, as opposed to the distribution of the R&D/sales ratios of the same two sets of companies. The notion that size plays a role, independent of the sectoral composition of R&D, is then confirmed by regression analysis. In the US as well as in the EU, smaller sized Scoreboard companies tend to spend a larger proportion of their income from sales on R&D.},
address = {Jena},
author = {Raquel Ortega-Argil\'{e}s and Andries Brandsma},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {L11; O30; R&D intensity; firm size; panel data; Industrielle Forschung; Betriebsgr\"{o}\ss{}e; Klein- und Mittelunternehmen; Branche; Betriebsgr\"{o}\ss{}enstruktur; Vergleich; EU-Staaten; USA},
language = {eng},
number = {2008,049},
publisher = {Universit\"{a}t Jena und Max-Planck-Institut f\"{u}r \"{O}konomik},
title = {EU-US differences in the size of R&D intensive firms: do they explain the overall R&D intensity gap?},
type = {Jena economic research papers},
url = {http://hdl.handle.net/10419/25734},
year = {2008}
}
