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

Heinrich Hockmann, Pedro Andres Garzon Delvaux, Peter Voigt, Pavel Ciaian and Sergio Gomez Y Paloma

No 261274, 2017 International Congress, August 28-September 1, 2017, Parma, Italy from European Association of Agricultural Economists

Abstract: This paper investigates the impact of corporate research and development (R&D) on firm performance in the foodprocessing 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: Research; and; Development/Tech; Change/Emerging; Technologies (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-bec, nep-cse, nep-eff, nep-ino, nep-sbm and nep-tid
Date: 2017-08-28
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Persistent link: https://EconPapers.repec.org/RePEc:ags:eaae17:261274

DOI: 10.22004/ag.econ.261274

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