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- W3150755300 abstract "This paper analyzes differences in R&D spending and in the impact of R&D on productivity between German and UK firms. We confirm that German firms spend significantly larger amounts on R&D than their UK counterparts, even after controlling for firm size and industry effects. Using a dynamic production function approach, we find that the R&D output elasticity is approximately the same in both countries, implying a much larger rate of return on R&D in the UK than in Germany. We discuss several explanations for this result." @default.
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- W3150755300 date "2003-01-01" @default.
- W3150755300 modified "2023-09-25" @default.
- W3150755300 title "Corporate R&D and productivity in Germany and the United Kingdom" @default.
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