Corporate R&D and the performance of food-processing firms: Evidence from Europe, Japan and North America

Heinrich Hockmann (), Pedro Andrés Garzon Delvaux, Peter Voigt, Pavel Ciaian and Sergio Gomez Y Paloma

EconStor Open Access Articles and Book Chapters, 2018, vol. 7, issue 3, 233-247

Abstract: This paper investigates the impact of corporate research and development (R&D) on firm performance in the food-processing industry. We apply Data Envelopment Analysis (DEA) with two step bootstrapping using a corporate data for 307 food-processing firms from the EU, US, Canada and Japan for the period 1991-2009. The estimates suggest that R&D has a positive effect on the firms’ performance, with marginal gains decreasing in the R&D level as well as the performance differences are detected across regions and food sectors. R&D investments in food processing can deliver productivity gains, beyond the high-tech sectors generally favoured by innovation policy.

Keywords: Corporate R&D; DEA; double bootstrapping; food-processing industry (search for similar items in EconPapers)
JEL-codes: L66 O30 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/210471/1/H ... processing_firms.pdf (application/pdf)

Related works:
Journal Article: Corporate R&D and the performance of food-processing firms: Evidence from Europe, Japan and North America (2018)
Working Paper: Corporate R&D and the performance of foodprocessing firms: Evidence from Europe, Japan and North America (2017)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:espost:210471

DOI: 10.13128/bae-7677

Access Statistics for this article

More articles in EconStor Open Access Articles and Book Chapters from ZBW - Leibniz Information Centre for Economics Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().