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Many industrialized countries in Europe and North America have experienced a steady decline in the manufacturing sector over the last few decades. Amid growing concerns that outsourcing and offshoring have destabilized European economies, policymakers have suggested that a large manufacturing...
Persistent link: https://www.econbiz.de/10011989292
In this work, we develop and apply a methodology to estimate technology-specific R&D investments at the firm level and then use these to test some arguments that have become central in the innovation literature. In particular, we first combine R&D investments with patent data of the world top...
Persistent link: https://www.econbiz.de/10011995880
club of top R&D world investors, benefiting from performance gains in both financial and economic markets. By merging the …
Persistent link: https://www.econbiz.de/10011983688
The paper investigates the impact that the multinational scope of firms' activities can have on their productivity. First, we argue that such an impact is both direct and indirect, and that the latter is channelled through higher incentives to invest in R&D. Second, we posit that the composition...
Persistent link: https://www.econbiz.de/10011983762
Private sector R&D is largely concentrated in a few multinational companies (MNCs), which thus play an important role in the creation of knowledge and technology in the economy. The mobility of labor between these firms and the rest of the economy is therefore an important mechanism for the...
Persistent link: https://www.econbiz.de/10012129208
, innovation and economic performance at the firm level. We posit that design investments may provide firms with a higher capacity … of introducing product/process innovations, but that the ensuing economic performance is rather associated to the role of … associated with a non-systematic resort to design, a higher innovation-based performance is coupled with an increasingly more …
Persistent link: https://www.econbiz.de/10011989252