R&D: knowledge spillovers and companies' productivity performance

O'Mahony, Mary and Vecchi, Michela (2009) R&D: knowledge spillovers and companies' productivity performance. Research Policy, 38 (1). pp. 35-44. ISSN 0048-7333

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Official URL: http://dx.doi.org/10.1016/j.respol.2008.09.003

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Abstract

Using company accounts data for 5 countries (US, UK, Japan, France and Germany) we analyse the relationship between intangible assets and productivity. We integrate the company data with industry information on tangible and intangible investments and skill composition of the labour force. The industry data are summarised in two different taxonomies, factor and skill intensive groups, which account for differences in the knowledge intensity and innovative activities within sectors. The results provide evidence of higher productivity in R&D and skill intensive industries. This can be interpreted as evidence in favour of the presence of spillover effects.

Item Type:Article
Research Areas:Business School > Economics and International Development
ID Code:1528
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Deposited On:13 Mar 2009 16:31
Last Modified:21 Jul 2014 08:01

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