Productivity effects of basic research in low-tech and high-tech industries


Czarnitzki, Dirk ; Thorwarth, Susanne


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URL: https://ub-madoc.bib.uni-mannheim.de/32243
URN: urn:nbn:de:bsz:180-madoc-322436
Document Type: Working paper
Year of publication: 2012
The title of a journal, publication series: ZEW Discussion Papers
Volume: 12-027
Place of publication: Mannheim
Publication language: English
Institution: Sonstige Einrichtungen > Zentrum für Europ. Wirtschaftsforschung (ZEW)
MADOC publication series: Veröffentlichungen des ZEW (Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: L23 , O30 , O33,
Keywords (English): Basic research , R&D , production function estimation
Abstract: R&D encompasses plenty of activities which are usually summarized under the terms of basic research, applied research and development. Although basic research is often associated with low appropriability it provides the fundamental basis for subsequent applied research and development. Especially in the high-tech sector basic research capabilities are an essential component for a firm's success. We use firm-level panel data stemming from Belgian R&D surveys and apply a production function approach which shows that basic research exhibits a premium on a firm's output when compared to applied research and development. When we split the sample into high-tech and low-tech companies, we find a large premium of basic research for firms in high-tech industries, but no premium in low-tech sectors.

Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




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Czarnitzki, Dirk ; Thorwarth, Susanne (2012) Productivity effects of basic research in low-tech and high-tech industries. Open Access ZEW Discussion Papers Mannheim 12-027 [Working paper]
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