1 / 8

R&D Satellite Accounts in the Netherlands UNECE-Eurostat-OECD Geneva, 22-24 April 2008

Agenda item 4 Invited paper 6. R&D Satellite Accounts in the Netherlands UNECE-Eurostat-OECD Geneva, 22-24 April 2008 Myriam van Rooijen-Horsten Murat Tanriseven Mark de Haan. R&D satellite account (part of knowledge module) :.

morwen
Download Presentation

R&D Satellite Accounts in the Netherlands UNECE-Eurostat-OECD Geneva, 22-24 April 2008

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Agenda item 4 Invited paper 6 R&D Satellite Accounts in the Netherlands UNECE-Eurostat-OECD Geneva, 22-24 April 2008 Myriam van Rooijen-Horsten Murat Tanriseven Mark de Haan

  2. R&D satellite account (part of knowledge module): • Recording of R&D expenditure as gross fixed capital formation, including measurement of: • R&D capital stocks • R&D consumption of fixed capital • R&D capital services Uses: → Quantifying effects on macro aggregates → Knowledge economy indicators (knowledge investment) → Growth accounting

  3. Points of attention: • ► Use of Frascati R&D statistics • ► R&D prices • << NEW!! >> • ► Measurement international R&D flows • ► Service lives

  4. Internationalisation of R&D Research: 8 companies ≈ 46% of BERD (2005) ▪ their activities in the Netherlands: → 13% of all employees → 34% of R&D personnel ▪ 1 company reports 90% R&D export share (R&D financed by foreign affiliates) ▪ other 7 report no R&D export

  5. Internationalisation of R&D Research con’d: Interviews with 5 companies ≈ 33% of BERD ▪ Organisation and financing of R&D differ considerably between companies → location → financing ▪ Legal ownership at company level, Economic ownership in hands of business units ▪ Company balance sheets do not include R&D

  6. Internationalisation of R&D Conclusions: • For multinationals international R&D service flows are being underreported→ Export: Indeed!→ Import: ? • This complicates measurement of R&D investment Possible solutions: • Introducing survey questions on R&D sales and purchases of R&D services • Custom made surveying of largest companies

  7. R&D service lives • Using age distribution of patents as proxy for all knowledge capital • Two averages▪ unweighted ≈ 7 years ▪ weighted by patent values ≈ 18 years • Outcome: average service life of 12.5 yearsExceptions▪ Chemical industry: 15.5 years▪ Electro technical industry: 9.5 years

  8. Summary of results Changes national accounts aggregates, the Netherlands • 1999 2001 2003 2005 • GFCF in R&Dbln €4.8 5.3 5.7 6.1 • Adjustment of GFCF in % % 5.4 5.6 6.1 6.2 • Adjustment of GDP in % % 1.2 1.2 1.2 1.2 • Volume-indices (1999=100) • GFCF in R&D 100 102.2 101.6 103.8 • GFCF 100 100.8 94.7 96.6 • Adjusted GFCF 100 100.8 95.1 97.0

More Related