IDEAS home Printed from https://ideas.repec.org/a/eut/journl/v23y2019i4p795.html
   My bibliography  Save this article

Research and Development Investment and Productivity Growth in Firms with Different Levels of Technology

Author

Listed:
  • Leili Soltanisehat

    (Department of Industrial Engineering, Bu-Ali Sina University, Hamedan, Iran.)

  • Reza Alizadeh

    (Technology Foresight Group, Department of Management, Science and Technology, Amirkabir University of Technology, Tehran, Iran.)

  • Nader Mehregan

    (Faculty of Economics, Bu-Ali Sina University, Hamedan, Iran.)

Abstract

In the modern competitive world, Research and Development (R&D) and its overflowing technologies are the main basis of innovation, which in turn, can be determined as an important source of economic growth. Investing in research activities can help firms with different technological levels, especially high-tech industries to improve their productivity. This paper aims to analyze the role of R&D expenditures in total factor productivity (TFP) growth in Iran’s industry sector. For this purpose, data from industries with different levels of technology (high, medium and low) over the period 1994-2010 is used. Results show that R&D expenditures in high-tech and then in medium/high-tech industries have the most positive and significant effect on TFP growth. In addition, among high-tech industries, R&D expenditures have the greatest impact on the productivity growth in drug and chemical industries related to medicine (Code 2423) which has experienced significant progress in recent years.

Suggested Citation

  • Leili Soltanisehat & Reza Alizadeh & Nader Mehregan, 2019. "Research and Development Investment and Productivity Growth in Firms with Different Levels of Technology," Iranian Economic Review (IER), Faculty of Economics,University of Tehran.Tehran,Iran, vol. 23(4), pages 795-818, Autumn.
    • Handle: RePEc:eut:journl:v:23:y:2019:i:4:p:795
    as

    Download full text from publisher

    File URL: ftp://80.66.179.253/eut/journl/20194-1.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Alizadeh, Reza & Lund, Peter D. & Soltanisehat, Leili, 2020. "Outlook on biofuels in future studies: A systematic literature review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 134(C).
    2. Taena, Werenfridus & Sipayung, Boanerges Putra & Blegur, Fried Allung & Klau, Anggelina Delviana, 2023. "Comparative advantages and factors affecting agriculture production and income in the food estate area on the Indonesia–Timor-Leste border," Asian Journal of Agriculture and Rural Development, Asian Economic and Social Society (AESS), vol. 13(01), January.
    3. Suzer, Ahmet Esat & Atasoy, Vehbi Emrah & Ekici, Selcuk, 2021. "Developing a holistic simulation approach for parametric techno-economic analysis of wind energy," Energy Policy, Elsevier, vol. 149(C).
    4. Alizadeh, Reza & Soltanisehat, Leili & Lund, Peter D. & Zamanisabzi, Hamed, 2020. "Improving renewable energy policy planning and decision-making through a hybrid MCDM method," Energy Policy, Elsevier, vol. 137(C).
    5. Ramin Gharizadeh Beiragh & Reza Alizadeh & Saeid Shafiei Kaleibari & Fausto Cavallaro & Sarfaraz Hashemkhani Zolfani & Romualdas Bausys & Abbas Mardani, 2020. "An integrated Multi-Criteria Decision Making Model for Sustainability Performance Assessment for Insurance Companies," Sustainability, MDPI, vol. 12(3), pages 1-24, January.
    6. Ali M. H. A. Khajah & Simon P. Philbin, 2022. "Techno-Economic Analysis and Modelling of the Feasibility of Wind Energy in Kuwait," Clean Technol., MDPI, vol. 4(1), pages 1-21, January.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eut:journl:v:23:y:2019:i:4:p:795. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: [z.rahimalipour] (email available below). General contact details of provider: https://edirc.repec.org/data/fecutir.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.