R&D and productivity: In search of complementarity between research and development activities

Barge-Gil, Andrés and López, Alberto (2013): R&D and productivity: In search of complementarity between research and development activities.

Abstract

The link between R&D and productivity has been widely analyzed. However, these innovation activities have been considered as a whole. This paper analyzes the differentiated effect of research and development on productivity and tests the existence of complementarity between these activities. We find evidence supporting the existence of a direct effect of both innovation activities. Most interesting, our results suggest that there is complementarity between research and development in determining productivity.

• Item Type: MPRA Paper
• Language: English
• Keywords: R&D, Productivity; Complementarity
• Subjects: O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O33 - Technological Change: Choices and Consequences ; Diffusion Processes

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