RT Journal Article
T1 Measuring the economic impact of Research Joint Ventures supported by the EU Framework Programme
A1 Barajas, Ascensión
A1 Huergo Orejas, Elena
A1 Moreno Martín, María Lourdes
AB The objective of this paper is to analyse the effects of international R&D cooperation on firms’ economic performance. Our approach, based on a complete data set with information about Spanish participants in research joint ventures supported by the EU Framework Programme during the period 1995-2005, establishes a recursive model structure to capture the relationship between R&D cooperation, knowledge generation and economic results, which are measured by labour productivity. In the analysis we take into account that the participation in this specific type of cooperative projects implies a selection process that includes both the self-selection by participants to join the consortia and the selection of projects by the European Commission to award the public aid. Empirical analysis has confirmed that: (1) R&D co-operation has a positive impact on the technological capacity of firms, captured through intan-gible fixed assets and (2) the technological capacity of firms is positively related to their productivity.
PB Springer Verlag
SN 0892-9912
YR 2012
FD 2012
LK https://hdl.handle.net/20.500.14352/45129
UL https://hdl.handle.net/20.500.14352/45129
LA eng
NO Una versión previa de este trabajo está publicada como documento de trabajo (e-print) de la UCM con número 9832
DS Docta Complutense
RD 10 abr 2025