R&D and productivity: Internal vs. external R&D - evidence from west german manufacturing industries
R&D and productivity: Internal vs. external R&D - evidence from west german manufacturing industries
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DOI:
10.1080/10438590290018415
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发表时间:
2003
影响因子:
3.3
通讯作者:
Werner Bönte
中科院分区:
文献类型:
--
作者:
Werner Bönte
The paper explores the productivity effects of investment in external (contract) vs. internal (in-house) R&D in a sample of West-German Manufacturing Industries. The results provide strong evidence of a positive relationship between productivity and the share of external R&D in total R&D. This result is robust to alternative econometric specifications. Thus, findings suggest that the decision between internal and external R&D does matter. Moreover, results imply a nonlinear relationship between productivity and the share of external R&D for higher-technology industries, hinting at decreasing productivity effects of an increasing share of external in total R&D.