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Estimating territorial business R&D expenditures using corporate R&D and patent data

Petros Gkotsis, Hector Hernandez and Antonio Vezzani ()
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Hector Hernandez: European Commission - JRC,
Antonio Vezzani: European Commission - JRC,

No JRC109031, JRC Research Reports from Joint Research Centre

Abstract: This note describes a methodology to estimate territorial business R&D expenditure funded by the business sector, using R&D and patent data from top R&D investing companies. Since company data are available with a short delay, the aim is to provide timeliness estimations for business R&D in anticipation of its publication by official statistics. The estimation is made for worldwide industrial R&D expenditures, breaking down figures for main world regions and focusing on the EU and its top member states. The industrial coverage comprises main innovative industries, focusing on manufacturing and knowledge intensive services.

Keywords: industrial R&D; innovation; BERD; estimation (search for similar items in EconPapers)
Pages: 28 pages
New Economics Papers: this item is included in nep-acc, nep-ino, nep-ipr and nep-sbm
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Handle: RePEc:ipt:iptwpa:jrc109031