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|Title:||EU-US Differences in the Size of R&D-intensive Firms: Do they Explain the Overall R&D Intensity Gap?|
|Authors:||ORTEGA-ARGILÉS Raquel; BRANDSMA Andries|
|Citation:||SCIENCE AND PUBLIC POLICY vol. 37 no. 6 p. 429-441|
|Publisher:||BEECH TREE PUBLISHING|
|Type:||Articles in periodicals and books|
|Abstract:||The average firm size of the top R&D investors among US-based companies is smaller than that of the EU-based firms. Does this help to explain why the US has a greater R&D intensity, or is the higher firm size in the EU, just as its lower R&D intensity, determined by the sectors in which the top R&D investors are operating? Using data on the top-R&D investors from the 2006 EU Industrial R&D Investment Scoreboard, the size differential between R&D performers in the EU and US is more closely examined. A first observation is that, despite great differences between sectors, the overall distribution of companies' R&D investments in both economies is remarkably similar, as opposed to the distribution of the R&D/sales ratios. In the US as well as in the EU, smaller sized Scoreboard companies tend to spend a larger proportion of their income from sales on R&D.|
|JRC Institute:||Growth and Innovation|
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