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CESIS - Centre of Excellence for Science and Innovation Studies, Royal Institute of Technology KTH/CESIS Working Paper Series in Economics and Institutions of Innovation

No 294:
Cross-country difference in R&D productivity Comparison of 11 European economies

Hans Lööf () and Maxim Savin ()

Abstract: This paper examines differences in R&D productivity across a group of geographically adjacent economies. By distributing close to 355,000 patents across 18 industries in 11 countries, we find clear and systematic country patterns when taking into account differences in industrial structure, institutional arrangements and R&D intensity. This finding supports the argument that innovation systems are important for an industry’s capacity to generate new patentable knowledge.

Keywords: Patent; R&D; Innovation; international comparison; panel data; (follow links to similar papers)

JEL-Codes: L60; O33; O50; (follow links to similar papers)

36 pages, December 19, 2012, Revised March 13, 2013

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