Munich Personal RePEc Archive

Effects of R&D spending on Innovation by Irish and Foreign-owned Businesses

Doran, Justin and Jordan, Declan and O'Leary, Eoin (2013): Effects of R&D spending on Innovation by Irish and Foreign-owned Businesses. Published in: Journal of the Statistical and Social Inquiry Society of Ireland , Vol. 166, (2013)

[thumbnail of Doran_Jordan_OLeary.pdf]

Download (285kB) | Preview


This paper estimates the private returns to four different kinds of R&D spending on the probability of Irish and foreign-owned businesses engaging in product, process and organizational innovation. By providing econometric analysis of nearly 2000 businesses in the Community Innovation Survey: 2004 to 2006, it makes an important contribution to our understanding of the effects of Irish innovation policy, which has incentivized businesses to spend on R&D in Ireland. The main findings are that Irish owned businesses are significantly more likely than foreign-owned to introduce new products as a result of creative R&D work undertaken. Foreign-owned businesses, which spend nearly 6 times more per worker on R&D than Irish-owned, enjoy very high returns mostly from the purchase or licence of patents. This reflects a fundamental difference in the innovation activities of these businesses, which is critical for policymakers’ understanding of the Irish innovation system.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.