r&d

The paper investigates the association between total factor productivity growth and the research and development (R&D) expenditures of Swedish manufacturing firms in the presence of domestic- and international R&D spillovers. Results indicate that a catch-up process exists by which the non-frontier firms in the Swedish manufacturing sector absorb knowledge spillovers from the leading firms in the industry.

Although Sweden is one of the most research and development (R&D)-intensive OECD-countries, the importance of R&D spillovers in the country has not been systematically analyzed. The paper employs a cross-sectional dataset of 264
R&D-performing Swedish firms from 1996-97.

The paper examines the age-old question whether research and development (R&D) cooperation leads to price collusion. The paper is also discusses the fact that R&D partnerships break up at surprisingly high rates.

Using a sample of Spanish firms, the authors test for differences across agencies and industries in research and development subsidy programs. Results suggest that firms in the same industry face different hurdles to participate in different agencies programs, that participation patterns may reflect a combination of agency goals, and that patterns differ across high-tech and low-tech industries.

The paper compares the contribution of research and development to innovation in terms of the various innovation output measures provided by the third Community Innovation Survey (CIS 3) for
French manufacturing firms and in terms of accounting for interindustry innovation differences.

The study analyses how public research and development (R&D) financing impacts companies. The main goal is to study whether public and private R&D financing are substitutes or complements, and whether this impact differs between financially constrained and unconstrained companies.

The Federal Reserve paper highlights the issues discussed in the working paper, Public & Private Spillovers, Location and the Productivity of Pharmaceutical Research. Offering a laymans definition of knowledge spillovers, the paper presents the research findings and policy implications from the working paper. The authors caution that the research is based on pre-Internet patent activity and location decisions.

The paper traces the innovation pathways of new creations from research and development (R&D) activity through to intellectual property applications using enterprise panel data from 1989 to 2002. Results indicate that R&D activity is a highly path dependent process that relies heavily on firm specific effects.

According to the authors, empirical evidence strongly suggests that research and development (R&D) increases a firms absorptive capacity as well as contributing directly to profitability. The authors specify a general model of the absorptive capacity process and show that costly absorption both raises the effectiveness of own R&D and lowers the effective spillover coefficient.

The paper provides an overview of the survey-based literature on industrial research and development (R&D) laboratories, beginning with the work of Edwin Mansfield. Topics covered include R&D projects, new products, and new processes; the appropriability of intellectual property; the limits of the firm in R&D; and spillovers of knowledge from other firms and universities into the laboratories.