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European R&D efficiency

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  • Börje Johansson
  • Hans Lööf
  • Maxim Savin

Abstract

This paper explores the capacity to produce new knowledge proxied by patents granted in 18 industries in 11 European economies. For each industry in each country, the number of granted U.S. Patent and Trademark Office patents is recorded over the 1991-2005 period. Controlling for research and development, industry composition, and institutional setting, the paper shows that systematic differences in patent intensity exist between the studied countries, such that almost all industries are affected by country-specific conditions, suggesting that the countries' innovation systems differ in efficiency. The countries with the highest R&D efficiency are Sweden and Finland, followed by the Netherlands and Germany.

Suggested Citation

  • Börje Johansson & Hans Lööf & Maxim Savin, 2015. "European R&D efficiency," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 24(1-2), pages 140-158, March.
    • Handle: RePEc:taf:ecinnt:v:24:y:2015:i:1-2:p:140-158
    DOI: 10.1080/10438599.2014.897857
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    References listed on IDEAS

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    1. Danguy, Jérôme & de Rassenfosse, Gaétan & van Pottelsberghe de la Potterie, Bruno, 2010. "The R&D-patent relationship: An industry perspective," EIB Papers 7/2009, European Investment Bank, Economics Department.
    2. Giovanni Dosi & Christopher Freeman & Richard Nelson & Gerarld Silverberg & Luc Soete (ed.), 1988. "Technical Change and Economic Theory," LEM Book Series, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy, number dosietal-1988, November.
    3. List, Friedrich, 1885. "The National System of Political Economy," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number list1885.
    4. Gaétan de Rassenfosse, 2010. "Productivity and Propensity: The Two Faces of the R&D-Patent Relationship," Working Papers ECARES ECARES 2010-025, ULB -- Universite Libre de Bruxelles.
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    Cited by:

    1. Tihana Škrinjarić, 2020. "R&D in Europe: Sector Decomposition of Sources of (in)Efficiency," Sustainability, MDPI, vol. 12(4), pages 1-21, February.
    2. Esfandiar Maasoumi & Almas Heshmati & Inhee Lee, 2021. "Green innovations and patenting renewable energy technologies," Empirical Economics, Springer, vol. 60(1), pages 513-538, January.
    3. Haschka, Rouven E. & Herwartz, Helmut, 2020. "Innovation efficiency in European high-tech industries: Evidence from a Bayesian stochastic frontier approach," Research Policy, Elsevier, vol. 49(8).
    4. Beáta Gavurová & Martina Halásková & Samuel Koróny, 2019. "Research and Development Indicators of EU28 Countries from Viewpoint of Super-efficiency DEA Analysis," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 67(1), pages 225-242.

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