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Small is big in ICT: The impact of R&D; on productivity

Abstract:

We examine the contribution of R&D; to firm productivity in a large panel of European firms and study its variation with the age, size, and sub-sector of firms. We find that R&D; capital in ICT firms has a larger effect on revenue when compared to non-ICT firms. At the firm level, our results suggest that, surprisingly, smaller and older ICT firms benefit the most from R&D.; Small but mature ICT firms are likely to dominate market niches, and small size may enable them to be flexi...

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Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.1016/j.telpol.2019.101833

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Institution:
University of Oxford
Division:
SSD
Department:
Divisional Administration
Sub department:
Oxford Martin School
Role:
Author
Publisher:
Elsevier Publisher's website
Journal:
Telecommunications Policy Journal website
Volume:
44
Issue:
1
Article number:
101833
Publication date:
2019-07-14
Acceptance date:
2019-06-23
DOI:
ISSN:
0308-5961
Source identifiers:
1039584
Keywords:
Pubs id:
pubs:1039584
UUID:
uuid:35fa2cd7-f4ff-4417-9fcb-5c4b9783374c
Local pid:
pubs:1039584
Deposit date:
2019-09-02

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