Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/202135 
Authors: 
Year of Publication: 
2011
Series/Report no.: 
IPTS Working Papers on Corporate R&D and Innovation No. 07/2011
Publisher: 
European Commission, Joint Research Centre (JRC), Seville
Abstract: 
The effect of the EU Research Framework Programme (FP) on European company innovation performance is analysed for the period 1998-2000. The possibility of applying for the grant might make companies engage in new projects which they would not have considered if the fund was not there. In addition, the FP programme increases collaboration with other innovation agents (e.g., universities, research labs, governments and other firms). Both the existence of FP and collaboration are simultaneously modelled when innovation performance is studied. To measure innovation performance, an input indicator (level of R&D expenditure) is used in combination with an output indicator (increase in the innovation sales). Following Crepon et al. (1998) a simultaneous equations system is used with four equations (FP, collaboration, R&D and Innovation sales). The paper finds a positive impact for the FP on collaboration, and both factors positively affect the innovation performance (R&D and Innovation sales) of European firms. No crowding-out effect is found in the analysis.
Subjects: 
Funding
Framework Programme
R&D investment
CIS
CDM model
Persistent Identifier of the first edition: 
ISBN: 
978-92-79-22648-9
Document Type: 
Working Paper

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