Internal and External R&D and Productivity – Evidence from Swedish Firm-Level Data

Karin Bergman

No 2011:27, Working Papers from Lund University, Department of Economics

Abstract: This paper uses a panel of Swedish manufacturing firms to examine the effects of internal and external R&D on total factor productivity over the period 1991-2004. The findings give some support to the notion of complementarity between internal and external R&D, especially in industries with high R&D intensities, and suggest that the employees’ level of education is important for the firm’s capabilities to absorb external R&D. However, external R&D is generally found to have a negative effect on productivity and internal R&D is only significant when not including interaction terms between internal R&D and external R&D or human capital.

Keywords: Internal R&D; external R&D; productivity; Sweden (search for similar items in EconPapers)
JEL-codes: D24 L24 O32 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2011-09-20
New Economics Papers: this item is included in nep-bec, nep-cse, nep-eff, nep-ino and nep-sbm
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:hhs:lunewp:2011_027

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