For a better user experience please update your browser or use Chrome or Firefox browser.
Narzędzia
Publication detail
HomeDoing R&D or not (in a crisis), that is the question
Updated
Metadane publikacji
This study investigates how corporate R&D evolves in the light of the contemporary economic crisis. We study empirical evidence from past downturns, discuss the relevant literature, and perform an empirical analysis of recent business survey data (collected during 2009). Pivotal for our considerations is the question whether companies tend to spend more or less on R&D and innovation activities during periods of recession. We empirically analyse what general patterns can be distinguished in this regard, given the particular circumstances of the most recent crisis. Our findings suggest that company behaviour varies: some companies have recently reduced their innovation activities significantly, while others maintained them and a third group even significantly increased their activities to reap the benefits in the expected upswing. Overall, we observe a deceleration of R&D and innovation activities induced by the crisis, but the trend figures remain positive. Driven by the companies that reinforce their R&D and innovation efforts to thrive through the downturn and thus seek to gather the benefits in the upswing to come, the R&D and innovation landscape is likely to look different in the aftermath of the crisis. Our findings suggest that company behaviour varies: some companies have recently reduced their innovation activities significantly, while others maintained them and a third group even significantly increased their activities to reap the benefits in the expected upswing. Overall, we observe a deceleration of R&D and innovation activities induced by the crisis, but the trend figures remain positive. Driven by the companies that reinforce their R&D and innovation efforts to thrive through the downturn and thus seek to gather the benefits in the upswing to come, the R&D and innovation landscape is likely to look different in the aftermath of the crisis.
- Opublikowano:
- Temat: działalność przedsiębiorstwa , gospodarka , kryzys walutowy , rozwój przedsiębiorstwa , sprawozdanie z badań
|
PDF
|
|||
| ISSN 1831-9424 | ISBN 978-92-79-19796-3 | DOI 10.2791/55822 | Numer katalogowy LF-NM-24325-EN-N |
- Released on EU publications website:
Ta publikacja jest dostępna do pobrania w formacie PDF i formacie do druku (PDF/X). Więcej informacji na temat sposobu drukowania własnych kopii publikacji UE można znaleźć w sekcji „Najczęściej zadawane pytania”.
Podgląd dokumentów
Note:
Publikacji nie można wyświetlić w przeglądarce dokumentów. Otwórz wersję internetową
Można ją pobrać, klikając przycisk „Pobieranie, dostępne języki” powyżej.