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|Title:||Corporate R&D and the performance of food-processing firms: Evidence from Europe, Japan and North America|
|Authors:||HOCKMANN HEINRICH; GARZON DELVAUX PEDRO; VOIGT PETER; CIAIAN PAVEL; GOMEZ Y PALOMA SERGIO|
|Citation:||BIO-BASED AND APPLIED ECONOMICS vol. 7 no. 3 p. 233-247|
|Publisher:||FIRENZE UNIVERSITY PRESS|
|ISSN:||2280-6172 (online),2280-6189 (print)|
|Type:||Articles in periodicals and books|
|Abstract:||This paper investigates the impact of corporate research and development (R&D) on firm performance in the food-processing industry. We apply Data Envelopment Analysis (DEA) with two step bootstrapping using a corporate data for 307 food-processing firms from the EU, US, Canada and Japan for the period 1991-2009. The estimates suggest that R&D has a positive effect on the firms’ performance, with marginal gains decreasing in the R&D level as well as the performance differences are detected across regions and food sectors. R&D investments in food processing can deliver productivity gains, beyond the high-tech sectors generally favoured by innovation policy.|
|JRC Directorate:||Sustainable Resources|
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