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R%D capital and private production: testing firm characteristics using micro data

Desiderio Romero-Jordán, María Jesús Delgado, Maria Jose Madeira Silva, Jacinta Moreira and Jorge Simões

International Journal of Innovation and Learning, 2013, vol. 14, issue 3/4, 444-452

Abstract: This paper aims to provide evidence to add to current knowledge on the contribution of R%D capital to private production based on panel data of Spanish manufacturing firms over the period 1990 to 2005. The differences in how R%D capital affect firm production is explored for small and large firms and for technological intensity of the firm. The empirical exercise performed reflects that, for the whole sample, R%D effort has a significantly and positive impact on the firm production. We also find that belonging to technology-intensive sector exerts a positive effect on this relation. Firm characteristic of size does not lead to important differences according to the impact of R%D capital on production.

Keywords: productivity; R%D capital; firm size; research and development; private production; firm characteristics; Spain; manufacturing industry; technological intensity; R%D finance. (search for similar items in EconPapers)
Date: 2013
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