Abstract
Interplay between regional and industrial aspects in the R&D–productivity link: evidence from Europe. Regional Studies. The paper tests the effect of the interplay between regional and sectoral dimensions in the firm-level research and development (R&D)–productivity link. Using a longitudinal database of innovative publicly traded European companies between 1991 and 2008, the following main results arise. First, the elasticity of value added with respect to R&D is larger in regions characterized by a higher innovation performance (knowledge hubs versus industrial zones). Second, in knowledge hubs, industry affiliation mediates the gains from R&D: high-tech manufacturing firms profit more from R&D than low-tech ones. This evidence suggests that an innovative regional environment increases the capacity to translate R&D investments into productivity for European high-tech industries. This virtuous circle is not at work in services and in low-tech manufacturing industries.
| Original language | English |
|---|---|
| Pages (from-to) | 659-672 |
| Number of pages | 14 |
| Journal | Regional Studies |
| Volume | 52 |
| Issue number | 5 |
| Early online date | 22 Jun 2017 |
| DOIs | |
| Publication status | Published - 4 May 2018 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 9 Industry, Innovation, and Infrastructure
Keywords
- European Union
- productivity
- regional differences
- research and development (R&D)
- sectoral disparities
ASJC Scopus subject areas
- General Environmental Science
- General Social Sciences
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