Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/26824 
Year of Publication: 
2008
Series/Report no.: 
Ruhr Economic Papers No. 59
Publisher: 
Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI), Essen
Abstract: 
The EU Barcelona target assumes a close causal relationship between corporate R&D, the competitiveness of business firms and the economic performance of industrial countries. Testing this hypothesis, this paper contrasts innovation and production activities in four research-intensive manufacturing sectors (chemicals and pharmaceuticals, motor vehicles, machinery, and electrical engineering). Starting point are observed long-term changes in world- wide value added of the manufacturing sector. The empirical analysis is based on a unique survey of R&D-intensive business firms in Germany and 50 personal interviews in large industrial companies. The results show that there is no simple connection between R&D and competitiveness. Moreover, the likely consequences of promoting R&D differ substantially between industries.
Subjects: 
Sectoral innovation systems
corporate R&D Strategies
chemicals and pharmaceuticals
machinery
electrical engineering
motor vehicles
bazaar effect
JEL: 
L6
O23
R32
ISBN: 
978-3-86788-062-6
Document Type: 
Working Paper

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