EU-US differences in the size of R&D intensive firms: Do they explain the overall R&D intensity gap?

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Abstract

The average firm size of the top R&D investors among US-based companies is smaller than that of the EU-based firms. Does this help to explain why the US has a greater R&D intensity, or is the greater firm size in the EU, just as its lower R&D intensity, determined by the sectors in which the top R&D investors are operating? Using data from the 2006 EU Industrial R&D Investment Scoreboard, the size differential between EU and US R&D performers is more closely examined. Despite great differences between sectors, the overall distribution of R&D investments by companies in both economies is remarkably similar, as opposed to the distribution of the R&D/sales ratios.
Original languageEnglish
Pages (from-to)429-441
JournalScience and Public Policy
Volume37
Issue number6
DOIs
Publication statusPublished - 1 Jul 2010

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