R&D productivity: are ideas harder to find or does Europe suffer from a commercialization gap?

Dirk Czarnitzki and Hugo Confraria ()
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Hugo Confraria: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en

No JRC141091, JRC Research Reports from Joint Research Centre

Abstract: It has been a long-standing debate whether Europe suffers from an innovation gap. Recent studies indicate a global decline in research and development (R&D) productivity across various sectors, raising concerns about the efficiency of innovation investments. New panel data from the EU Industrial R&D Investment Scoreboard allow examining long-term relationships between firm productivity and R&D. The results show that EU top R&D investors struggle more than their global counterparts to convert their R&D into new ideas and marketable products.

Date: 2025-03
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Persistent link: https://EconPapers.repec.org/RePEc:ipt:iptwpa:jrc141091

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