Vol. 7 No. 3 (2018)
Full Research Articles

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

Heinrich Hockmann
Leibniz Institute of Agricultural Development in Central and Eastern Europe (IAMO), Germany
Pedro Andres Garzon Delvaux
Joint Research Centre (JRC), European Commission, Spain
Peter Voigt
DG ECFIN, European Commission, Belgium
Pavel Ciaian
Joint Research Centre (JRC), European Commission, Spain
Sergio Gomez y Paloma
Joint Research Centre (JRC), European Commission, Spain
Published December 18, 2019
Keywords
  • Corporate R&D,
  • DEA,
  • double bootstrapping,
  • food-processing industry
How to Cite
Hockmann, H., Garzon Delvaux, P. A., Voigt, P., Ciaian, P., & Gomez y Paloma, S. (2019). Corporate R&D and the performance of food-processing firms: Evidence from Europe, Japan and North America. Bio-Based and Applied Economics, 7(3), 233-247. https://doi.org/10.13128/bae-7677

Abstract

This paper investigates the impact of corporate research and development (R&D) on firm performance in the food-processing 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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