Modelling Firm Innovation using Panel Probit Estimators.
Firm-level innovation is investigated using three probit panel estimators, which control for unobserved heterogeneity, and a standard probit estimator. Results indicate the standard probit model is misspecified and that inter-firm networks are important for innovation.
Year of publication: |
2001-12
|
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Authors: | Harris, Mark N. ; Rogers, Mark ; Siouclis, Anthony |
Institutions: | Melbourne Institute of Applied Economic and Social Research (MIAESR), Faculty of Business and Economics |
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