Title: Corporate R&D and the performance of food-processing firms: Evidence from Europe, Japan and North America
Authors: HOCKMANN HEINRICHGARZON DELVAUX PEDROVOIGT PETERCIAIAN PAVELGOMEZ Y PALOMA SERGIO
Citation: BIO-BASED AND APPLIED ECONOMICS vol. 7 no. 3 p. 233-247
Publisher: FIRENZE UNIVERSITY PRESS
Publication Year: 2018
JRC N°: JRC109102
ISSN: 2280-6172 (online),2280-6189 (print)
URI: https://oaj.fupress.net/index.php/bae/article/view/7677
https://publications.jrc.ec.europa.eu/repository/handle/JRC109102
DOI: 10.13128/bae-7677
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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