Sterlacchini, Alessandro (2006): The R&D drop in European utilities. Should we care about it? Published in: DRUID Working Paper No. No. 06-19 (2006)
Download (206kB) | Preview
By using accounting data from the largest utility companies of Europe, this note illustrates the recent R&D performance in energy and telecommunication. Although not all the companies under consideration behaved symmetrically, most of them reduced substantially their R&D investment. Over the period 2000-05, their total R&D expenditures at current prices decreased by 33%, while their R&D intensity (on sales) diminished from 1.1 to 0.7%. In discussing the above findings, it is argued that a drop of this size is hardly justifiable and weakens the EU economy in a non-negligible manner.
|Item Type:||MPRA Paper|
|Original Title:||The R&D drop in European utilities. Should we care about it?|
|Keywords:||R&D performance; energy and telecommunication utilities|
|Subjects:||O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development; Intellectual Property Rights > O38 - Government Policy
L - Industrial Organization > L9 - Industry Studies: Transportation and Utilities > L97 - Utilities: General
O - Economic Development, Technological Change, and Growth > O3 - Technological Change; Research and Development; Intellectual Property Rights > O32 - Management of Technological Innovation and R&D
|Depositing User:||Alessandro Sterlacchini|
|Date Deposited:||26. Sep 2006|
|Last Modified:||25. Feb 2013 13:21|
Dooley, J.J. (1998) Unintended Consequences: Energy R&D in a Deregulated Energy Market, Energy Policy, Vol. 26, No. 7, pp. 547-555. ENIRDGnet (2004) Review of R&D activities on DER integration at national level in Europe; www.dgnet.org/docs/deliverables/D22_EU_R&D_act_compared_with_nat_act.pdf . European Commission (2004 and 2005) Monitoring industrial research: the 2004 (2005) EU industrial R&D scoreboard, Directorate General Joint Research Centre and Directorate General Research of the European Commissions; http.//eu-iriscoreboard.jrc.es/index.htm. Eurostat (2005a) In relation to GDP, EU25 R&D expenditure stable at 1.9% in 2004, Eurostat News Release, No. 156/2005, 6 December; http://epp.eurostat.cec.eu.int. Eurostat (2005b) R&D in the business enterprise sector of the European Union, Statistics in Focus (Science and Technology), No. 4; http://epp.eurostat.cec.eu.int. Florio, M. (2004) The great divesture. Evaluating the welfare impact of British privatizations, 1979-1997, MIT Press, Cambridge, MA. Parliamentary Office of Science and Technology (2001) UK electricity networks, Postnote, No. 163, October. Parliament of Australia – House of Representatives (1999) Inquiry into the effects on research and development of public policy reform in the past decade; www.aph.gov.au/HOUSE/committee/Isr/ r_d/contents.htm. Sterlacchini, A. (2004) Ricerca ed alta tecnologia in Italia: le basi per un rilancio (Research and high technology in Italy: the bases for a revival), L’Industria, Vol. 14, No. 4, pp. 675-705.
Available Versions of this Item
- The R&D drop in European utilities. Should we care about it? (deposited 26. Sep 2006) [Currently Displayed]