were confronted with one to five competitors. R&D intensity also represents a key variable that
influences firms’ restructuring practices and their performance, innovativeness in particular. The
share of firms with no R&D activities is about 29 per cent; companies with a high R&D intensity
employing more than four per cent of the workforce in R&D, on the other hand, make up about 33
per cent of the sample. The rest of the firms are characterized by medium R&D intensity.