RT Report T1 Measuring the impact of international R&D cooperation: the case of Spanish firms participating in 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. YR 2012 FD 2012 LK https://hdl.handle.net/20.500.14352/145.1 UL https://hdl.handle.net/20.500.14352/145.1 LA eng NO JEL Classification: H81, L2, O3 DS Docta Complutense RD 11 abr 2025