Disentangling the processes of firm growth and R&D investment

Alex Coad () and Nicola Grassano

No JRC103175, JRC Research Reports from Joint Research Centre

Abstract: What are the secrets for stimulating R&D investment and job creation? This question is of central importance for the EU Innovation Union strategy. This policy brief applies a new econometric technique to the EU Industrial R&D Scoreboard data on the world's top R&D investors, to highlight the key role of sales growth (instead of profits growth) as the engine of R&D investment and job creation.

Keywords: R&D investment; firm growth; SVAR; sales growth; industrial dynamics (search for similar items in EconPapers)
JEL-codes: C10 O31 O33 (search for similar items in EconPapers)
Pages: 7 pages
Date: 2016-11
New Economics Papers: this item is included in nep-ent, nep-ino, nep-sbm and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ipt:iptwpa:jrc103175

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