Corporate R&D and the performance of food-processing firms: Evidence from Europe, Japan and North America

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.

HOCKMANN Heinrich;  GARZON DELVAUX Pedro;  VOIGT Peter;  CIAIAN Pavel;  GOMEZ Y PALOMA Sergio; 

2020-02-18

FIRENZE UNIVERSITY PRESS

JRC109102

2280-6172 (online),    2280-6189 (print),   

https://oaj.fupress.net/index.php/bae/article/view/7677,    https://publications.jrc.ec.europa.eu/repository/handle/JRC109102,   

10.13128/bae-7677 (online),