intensive Employees Mean Obs Mean Obs Mean Obs Mean Obs Mean Obs 1 50 15644

Intensive employees mean obs mean obs mean obs mean

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intensive Employees (#) Mean Obs. Mean Obs. Mean Obs. Mean Obs. Mean Obs. 1-50 156.44 12,130 83.6 88,673 137.82 56,571 80.65 124,173 111.14 338,975 (298.31) (532.92) (535.14) (748.17) (1079.69) 51-100 132.47 7,925 61.85 60,949 110.92 35,707 44.13 64,392 80.18 175,145 (152.37) (163.71) (221.54) (379.44) (420.84) 101-250 139.87 14,304 64.87 95,199 115.54 52,438 42.34 98,957 81.26 204,195 (145.33) (227.45) (199.73) (356.55) (680.39) 251-500 169.79 9,050 66.59 49,232 131.57 26,823 45.29 57,361 98.02 91,672 (250.37) (146.05) (276.39) (458) (1105.65) 500-1000 200.32 5,786 75.59 25,606 157.29 12,552 57.75 31,315 126.58 40,706 (186.67) (82.64) (262.28) (628.84) (1236.31) >1001 351.55 10,654 119.32 27,310 262.13 14,005 49.61 36,714 162.13 39,350 (356.95) (661.35) (244.4) (433.29) (1167.83) Table 37: Average TFP levels of the full sample of firms (i.e. both participants and non-participants) divided into categories of different firm sizes based on employee numbers, per industry class. Standard errors are reported in parenthesis (source: author’s own calculations using data from Orbis). 141
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APPENDIX 12 TFP GROWTH ACROSS REGIONAL GROUPS Figure 6: TFP growth in economic regions, based on all firms in the sample Figure 7: TFP growth in R&D regions, based on all firms in the sample -40 -20 0 20 40 60 80 2004 2005 2006 2007 2008 2009 2010 2011 2012 TFP GROWTH IN ECONOMIC REGIONS Advanced economies Emerging markets Developing economies -60 -40 -20 0 20 40 60 80 2004 2005 2006 2007 2008 2009 2010 2011 2012 TFP GROWTH IN R&D REGIONS Innovation leaders Latecomers Lower tier 142
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APPENDIX 13 LOW-TECH TFP GROWTH ACROSS REGIONAL GROUPS Figure 8: Low-tech TFP growth for alliance participants in economic regions Figure 9: Low-tech TFP growth in R&D regions -20 -10 0 10 20 30 40 50 2004 2005 2006 2007 2008 2009 2010 2011 2012 LOW-TECH TFP GROWTH IN ECONOMIC REGIONS Advanced economies Emerging markets Developing economies -20 -10 0 10 20 30 40 2004 2005 2006 2007 2008 2009 2010 2011 2012 LOW-TECH TFP GROWTH IN R&D REGIONS Innovation leaders Latecomers Lower tier 143
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APPENDIX 14 ANNUAL TFP LEVELS ACROSS INNOVATION BASED REGIONAL GROUPS, PER ALLIANCE OWNERSHIP STRUCTURE 144 0 50 100 150 200 250 300 JV PARTICIPANTS Innovation leaders Latecomers Lower tier 0 50 100 150 200 250 300 MEA PARTICIPANTS Innovation leaders Latecomers Lower tier 0 100 200 300 400 500 600 PARTICIPANTS IN BOTH JVs & MEAs Innovation leaders Latecomers Lower tier 0 50 100 150 200 250 300 OVERALL Innovation leaders Latecomers Lower tier
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APPENDIX 15 ANNUAL TFP LEVELS ACROSS ECONOMIC REGIONAL GROUPS, PER ALLIANCE OWNERSHIP STRUCTURE 145 0 50 100 150 200 250 300 JV PARTICIPANTS Advanced economies Emerging markets Developing economies 0 50 100 150 200 250 300 MEA PARTICIPANTS Advanced economies Emerging markets Developing economies 0 100 200 300 400 500 600 PARTICIPANTS IN BOTH JVs & MEAs Advanced economies Emerging markets Developing economies 0 50 100 150 200 250 300 OVERALL Advanced economies Emerging markets Developing economies
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APPENDIX 16 LEVINSOHN AND PETRIN & OLS TFP ESTIMATIONS LP OLS LP OLS LP OLS High-tech industries Medium-tech industries Low-tech industries L 0.1339*** 0.1599*** 0.1285*** 0.1548*** 0.1031*** 0.1521*** (0.006) (0.003) (0.002) (0.001) (0.003) (0.002) K 0.1509*** 0.1024*** 0.0557*** 0.0865*** 0.0525*** 0.0954*** (0.032) (0.002) (0.014) (0.001) (0.019) (0.001) M 0.381*** 0.6138*** 0.5484*** 0.6344*** 0.4959*** 0.5999*** (0.057) (0.002) (0.022) (0.001) (0.038) (0.001) Obs 59,849 59,849 346,969 346,969 199,096 199,096 Sum 0.6658*** 0.8761*** 0.7326*** 0.8757*** 0.6515*** 0.8474*** LP OLS LP OLS Knowledge-intensive industries Less knowledge-intensive industries L 0.2298*** 0.2281*** 0.1302*** 0.1847*** (0.003) (0.001) (0.002) (0.001) K 0.0674*** 0.1113*** 0.0131*** 0.0864*** (0.008) (0.001) (0.002) (0.000) M 0.6225*** 0.4993*** 0.5967*** 0.5736*** (0.026) (0.001) (0.012) (0.001) Obs 412,912 412,912 890,043 890,043 Sum 0.9197*** 0.8387*** 0.74*** 0.8447*** Table 38: TFP estimates obtained from the LP and OLS techniques. Wald test results are reported with the sum of coefficients. The dependent variable is ln(revenues). Standard errors are reported in parenthesis. *, ** and *** indicate significance levels at 10%, 5% and 1% respectively. All variables are measured in natural logarithms.
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