Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/210471 
Year of Publication: 
2018
Citation: 
[Journal:] Bio-based and Applied Economics [ISSN:] 2280-6172 [Volume:] 7 [Issue:] 3 [Publisher:] Firenze University Press [Place:] Firenze [Year:] 2018 [Pages:] 233-247
Publisher: 
Firenze University Press, Firenze
Abstract: 
This paper investigates the impact of corporate research and development (R&D) on firm performance in the food-processing industry. We apply Data Envelopment Analysis (DEA) with two step bootstrapping using a corporate data for 307 food-processing firms from the EU, US, Canada and Japan for the period 1991-2009. The estimates suggest that R&D has a positive effect on the firms’ performance, with marginal gains decreasing in the R&D level as well as the performance differences are detected across regions and food sectors. R&D investments in food processing can deliver productivity gains, beyond the high-tech sectors generally favoured by innovation policy.
Subjects: 
Corporate R&D
DEA
double bootstrapping
food-processing industry
JEL: 
O30
L66
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article
Document Version: 
Published Version

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