1. R&D Satellite Accounts in the Netherlands
17 March 2005
R&D Satellite Accounts
in the Netherlands
EU-R&D-Taskforce, second meeting
19-20 June 2008 Luxembourg
Murat Tanriseven, Myriam van Rooijen-Horsten,
Mark de Haan and Dirk van den Bergen

2. A few steps in the R&D capitalisation process
17 March 2005
A few steps in the R&D capitalisation process
Measuring R&D-output: From Frascati to National Accounting
From R&D-use to R&D-investments
R&D-output / -use / -investment time series in constant prices
Estimating R&D service lives
Some remaining issues

3. Measuring R&D-output (1/2)
17 March 2005
Measuring R&D-output (1/2)
Translation from Frascati to National Accounts
Valuation according to SNA- guidelines
Market R&D = sales as observed in R&D survey
Non-market R&D = sum of production costs
Own-account R&D = value at market prices if possible

4. Measuring R&D-output (2/2)
17 March 2005
Measuring R&D-output (2/2)
Translation from Frascati to National Accounts
Bridge table
GERD
- capital expenditure
+ user costs of capital
+ clear profits
- software overlap
- subsidies
= R&D-output

5. From R&D-use to R&D-investments (1/2)
17 March 2005
From R&D-use to R&D-investments (1/2)
R&D use:
Purchases
Own-account R&D
Government consumes all non- market R&D
R&D investments??

6. From R&D-use to R&D- investments (2/2)
17 March 2005
From R&D-use to R&D- investments (2/2)
Some conceptual issues:
Freely available R&D:
We: no asset
SNA: asset if providing economic benefits to owner
Market puchases by the R&D- and universities-industry is seen as intermediate use.

7. R&D-output / -use/ -investment time series in constant prices
17 March 2005
R&D-output / -use/ -investment time series in constant prices
Time series of supply side. R&D-investments are estimated from supply figures.
Use of GDP prices or input prices: not a substantial difference. We used a weighted average of price changes of production costs (input prices).

8. R&D capital stocks requirements:
17 March 2005
R&D capital stocks requirements:
R&D investments
An initial capital stock
Age-efficiency profiles of R&D
Estimate R&D Service lives

9. Estimating R&D service lives
17 March 2005
Estimating R&D service lives
Using age distribution of patents as proxy for knowledge capital
Two averages ▪ unweighted ≈ 7 years ▪ weighted by patent values ≈ 18 years
Outcome: average service life of years Exceptions ▪ Chemical industry: 15.5 years ▪ Electro technical industry: 9.5 years

10. 17 March 2005
Results

11. Some remaining issues Trade within multinationals Software-overlap
17 March 2005
Some remaining issues
Trade within multinationals
Software-overlap
R&D service life estimates
R&D prices