Aportación de la inversión en I+D a las mejoras en la productividad
- Manjón Antolín, Miguel C.
- Añón Higón, Dolores
ISSN: 0422-2784
Año de publicación: 2009
Título del ejemplar: Productividad, eficiencia y resultados empresariales en la industria
Número: 373
Páginas: 13-22
Tipo: Artículo
Otras publicaciones en: Economía industrial
Resumen
R&D investment is an important driver of productivity gains. However, firms differ in their ability to appropriate the returns to their R&D efforts. This paper analyses to what extent firm�s internationalisation influences the endogenous relation between R&D and productivity. In particular, we assess the contribution of R&D to productivity for a panel of UK firms that differ in their degree of internationalisation. We find that multinationals obtain higher gains from their investment in R&D. However, this relationship varies along the productivity distribution, with foreign multinationals facing small disadvantages among the most productive multinationals in the UK