Investment, R & D and financial constraints in Britain and Germany
by Stephen Bond
"This paper analyzes differences in R&D spending and in the impact of R&D on productivity between German and UK firms. We confirm that German firms spend significantly larger amounts on R&D than their UK counterparts, even after controlling for firm size and industry effects. Using a dynamic production function approach, we find that the R&D output elasticity is approximately the same in both countries, implying a much larger rate of return on R&D in the UK than in Germany. We discuss several explanations for this result"--London School of Economics web site.
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Capital investments, Industrial ResearchPlaces
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Investment, R & D and financial constraints in Britain and Germany
2003, Centre for Economic Performance, London School of Economics and Political Science
Electronic resource
in English
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Book Details
Edition Notes
Includes bibliographical references.
Title from summary page as viewed on 1/7/2005.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.
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- Created April 1, 2008
- 5 revisions
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| December 13, 2020 | Edited by MARC Bot | import existing book |
| July 31, 2012 | Edited by VacuumBot | Updated format '[electronic resource] /' to 'Electronic resource' |
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| October 31, 2008 | Edited by ImportBot | add URIs from original MARC record |
| April 1, 2008 | Created by an anonymous user | Imported from Scriblio MARC record |