Bounding the effects of R & D: an investigation using matched establishment firm data
Studies of firm-level data have shown that a firm's R&D and the R&D of other firms increase conventional factor productivity. We investigate these phenomena further by examining the relationship between plant-level productivity and firm-level R&D. We find that (1) the productivity-e...
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| Main Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Cambridge, Mass.
1996
|
| Series: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
5544 |
| Subjects: | |
| Online Access: | Volltext |
| Summary: | Studies of firm-level data have shown that a firm's R&D and the R&D of other firms increase conventional factor productivity. We investigate these phenomena further by examining the relationship between plant-level productivity and firm-level R&D. We find that (1) the productivity-enhancing effects of parent firm R&D are diminished by geographic distance from the research lab and t̀echnological' distance between the product-field focus of the R&D and the plants; (2) productivity appears to depend on the intensity of parent firm R&D (R&D per plant), not on the total amount; and (3) spillovers of research effects from technologically related firms are significant but also depend on R&D intensity rather than total industry R&D. These results suggest that, despite the externalities created by spillovers of R&D, the d̀ilution' of R&D across multiple target plants reduces its potency sufficiently that spillovers may not be a source of industry-wide or economy-wide increasing returns. |
| Physical Description: | 39 S. |
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| id | DE-604.BV010895586 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-09T18:00:44Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-007286609 |
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| physical | 39 S. |
| publishDate | 1996 |
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| series | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| series2 | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| spelling | Adams, James D. Verfasser aut Bounding the effects of R & D an investigation using matched establishment firm data James D. Adams ; Adam B. Jaffe Cambridge, Mass. 1996 39 S. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 5544 Studies of firm-level data have shown that a firm's R&D and the R&D of other firms increase conventional factor productivity. We investigate these phenomena further by examining the relationship between plant-level productivity and firm-level R&D. We find that (1) the productivity-enhancing effects of parent firm R&D are diminished by geographic distance from the research lab and t̀echnological' distance between the product-field focus of the R&D and the plants; (2) productivity appears to depend on the intensity of parent firm R&D (R&D per plant), not on the total amount; and (3) spillovers of research effects from technologically related firms are significant but also depend on R&D intensity rather than total industry R&D. These results suggest that, despite the externalities created by spillovers of R&D, the d̀ilution' of R&D across multiple target plants reduces its potency sufficiently that spillovers may not be a source of industry-wide or economy-wide increasing returns. Ökonometrisches Modell Industrial productivity Econometric models Research Jaffe, Adam B. Verfasser aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 5544 (DE-604)BV002801238 5544 http://papers.nber.org/papers/w5544.pdf kostenfrei Volltext |
| spellingShingle | Adams, James D. Jaffe, Adam B. Bounding the effects of R & D an investigation using matched establishment firm data National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Ökonometrisches Modell Industrial productivity Econometric models Research |
| title | Bounding the effects of R & D an investigation using matched establishment firm data |
| title_auth | Bounding the effects of R & D an investigation using matched establishment firm data |
| title_exact_search | Bounding the effects of R & D an investigation using matched establishment firm data |
| title_full | Bounding the effects of R & D an investigation using matched establishment firm data James D. Adams ; Adam B. Jaffe |
| title_fullStr | Bounding the effects of R & D an investigation using matched establishment firm data James D. Adams ; Adam B. Jaffe |
| title_full_unstemmed | Bounding the effects of R & D an investigation using matched establishment firm data James D. Adams ; Adam B. Jaffe |
| title_short | Bounding the effects of R & D |
| title_sort | bounding the effects of r d an investigation using matched establishment firm data |
| title_sub | an investigation using matched establishment firm data |
| topic | Ökonometrisches Modell Industrial productivity Econometric models Research |
| topic_facet | Ökonometrisches Modell Industrial productivity Econometric models Research |
| url | http://papers.nber.org/papers/w5544.pdf |
| volume_link | (DE-604)BV002801238 |
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