The impact of R&D spillovers on UK manufacturing TFP:: A dynamic panel approach

被引：44
|
作者：
Higon, Dolores Anon [1 ]
机构：
[1] Aston Univ, Aston Business Sch, Birmingham B4 7ET, W Midlands, England
来源：
RESEARCH POLICY | 2007年 / 36卷 / 07期
关键词：
R&D spillovers; total factor productivity (TFP); heterogeneous dynamic panel;
D O I：
10.1016/j.respol.2007.03.006
中图分类号：
C93 [管理学];
学科分类号：
12 ; 1201 ; 1202 ; 120202 ;
摘要：
One of the benefits claimed for investment in Research and Development (R&D) is that there is a spillover effect. Industries benefit from both their own R&D efforts as well as the efforts of other national and overseas industries. The present research presents new evidence on the long-term impact of R&D investment upon UK industry's productivity performance and on the nature of these "R&D spillovers". The results suggest that R&D efforts from the industry itself and from other national industries have a positive impact on the industry's productivity but, interestingly, there is no gain from foreign R&D investment. (C) 2007 Elsevier B.V. All rights reserved.
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页码：964 / 979
页数：16
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