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Corporate R&D and the performance of foodprocessing firms: Evidence from Europe, Japan and North America

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  • Hockmann, Heinrich
  • Garzon Delvaux, Pedro Andres
  • Voigt, Peter
  • Ciaian, Pavel
  • Gomez y Paloma, Sergio

Abstract

This paper investigates the impact of corporate research and development (R&D) on firm performance in the foodprocessing industry. We apply Data Envelopment Analysis (DEA) with two step bootstrapping using a corporate data for 307 food-processing firms from the EU, US, Canada and Japan for the period 1991–2009. The estimates suggest that R&D has a positive effect on the firms’ performance, with marginal gains decreasing in the R&D level as well as the performance differences are detected across regions and food sectors. R&D investments in food processing can deliver productivity gains, beyond the high-tech sectors generally favoured by innovation policy.

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  • Hockmann, Heinrich & Garzon Delvaux, Pedro Andres & Voigt, Peter & Ciaian, Pavel & Gomez y Paloma, Sergio, 2017. "Corporate R&D and the performance of foodprocessing firms: Evidence from Europe, Japan and North America," 2017 International Congress, August 28-September 1, 2017, Parma, Italy 261274, European Association of Agricultural Economists.
    • Handle: RePEc:ags:eaae17:261274
    DOI: 10.22004/ag.econ.261274
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    1. Hockmann, Heinrich & Garzon Delvaux, Pedro Andres & Voigt, Peter & Ciaian, Pavel & Gomez y Paloma, Sergio, 2018. "Corporate R&D and the performance of food-processing firms: Evidence from Europe, Japan and North America," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 7(3), pages 233-247.

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    Keywords

    Research and Development/Tech Change/Emerging Technologies;

    JEL classification:

    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • L66 - Industrial Organization - - Industry Studies: Manufacturing - - - Food; Beverages; Cosmetics; Tobacco

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