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Measuring the impact of international R&D cooperation: the case of Spanish firms participating in the EU Framework Programme

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Barajas, Ascensión and Huergo, Elena and Moreno Martín, Lourdes (2012) Measuring the impact of international R&D cooperation: the case of Spanish firms participating in the EU Framework Programme. [ ] (Unpublished)

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Abstract

The objective of this paper is to analyse the effects of international R&D cooperation on firms’ economic performance. Our approach, based on a complete data set with information about Spanish participants in research joint ventures supported by the EU Framework Programme during the period 1995-2005, establishes a recursive model structure to capture the relationship between R&D cooperation, knowledge generation and economic results, which are measured by labour productivity. In the analysis we take into account that the participation in this specific type of cooperative projects implies a selection process that includes both the self-selection by participants to join the consortia and the selection of projects by the European Commission to award the public aid. Empirical analysis has confirmed that: (1) R&D co-operation has a positive impact on the technological capacity of firms, captured through intan-gible fixed assets and (2) the technological capacity of firms is positively related to their productivity.


Item Type:Working Paper or Technical Report
Additional Information:

JEL Classification: H81, L2, O3

Uncontrolled Keywords:International R&D cooperation, Framework Programme, impact assessment
Subjects:Social sciences > Economics > Industrial organization
Social sciences > Economics > World economy
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ID Code:39060
Deposited On:09 Sep 2016 11:16
Last Modified:19 Sep 2016 10:55

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