Sterlacchini, Alessandro (2006): The R&D drop in European utilities. Should we care about it? Published in: DRUID Working Paper No. No. 06-19 (16. October 2006)
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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, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O32 - Management of Technological Innovation and R&D
O - Economic Development, Innovation, Technological Change, and Growth > O3 - Innovation ; Research and Development ; Technological Change ; Intellectual Property Rights > O38 - Government Policy
L - Industrial Organization > L9 - Industry Studies: Transportation and Utilities > L97 - Utilities: General
|Depositing User:||Alessandro Sterlacchini|
|Date Deposited:||23. Oct 2006|
|Last Modified:||12. Feb 2013 15:50|
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