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
Bio-based and Applied Economics Journal, 2018, vol. 07, issue 3
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: Productivity; Analysis (search for similar items in EconPapers)
Date: 2018
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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) 
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aieabj:301894
DOI: 10.22004/ag.econ.301894
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