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) that has been modified to include ICT investment and R&D as the two main inputs into innovation and productivity. We find … that R&D and ICT are both strongly associated with innovation and productivity, with R&D being more important for … innovation, and ICT investment being more important for productivity. For the median firm, rates of return to both investments …
Persistent link: https://www.econbiz.de/10013066114
both process and product innovation. Both these kinds of innovation have a positive impact on firm's productivity …Innovation in SMEs exhibits some peculiar features that most traditional indicators of innovation activity do not … capture. Therefore, in this paper, we develop a structural model of innovation which incorporates information on innovation …
Persistent link: https://www.econbiz.de/10012758059
contribution of innovation in general to productivity growth is almost nil in Italy during this period … presents some empirical evidence on the effects of innovation on employment growth and therefore on firms' productivity with … stemming from process innovation. The sources of employment growth during the period are split equally between the net …
Persistent link: https://www.econbiz.de/10012750350
The paper examines the size and productivity of total intangible capital relative to total tangible capital for a large …
Persistent link: https://www.econbiz.de/10012759191
a model of endogenous growth with frictions. Productivity increases with knowledge, which advances via innovation, and … innovation. First, intermediation allows us to finance more transactions with fewer assets. Second, it ameliorates certain …, suggesting that technology transfer is a significant source of innovation and showing how it is affected by credit considerations …
Persistent link: https://www.econbiz.de/10012940374
An inventor's own knowledge is a key input in the innovation process. This knowledge can be built by interacting with … and patents. We document key empirical facts on inventors' productivity over the life cycle, inventors' research teams … better inventors are very strongly correlated with higher subsequent productivity. These facts motivate the main ingredients …
Persistent link: https://www.econbiz.de/10012922975
technologies, leading to higher productivity. We propose a model of endogenous selection and innovation in heterogeneous firms that … product and process innovation (simultaneously adopting new machines and organizational practices) and adopt foreign … jointly explains the observed selection process and the innovation decisions. Further, we show in the data that innovation on …
Persistent link: https://www.econbiz.de/10013135408
What do we know about the relationship between innovation and productivity among firms? The workhorse model of this … innovation are derived. The recent empirical evidence on the relationship between innovation and productivity in firms is then … surveyed. The conclusion is that there are substantial positive impacts of product innovation on revenue productivity, but that …
Persistent link: https://www.econbiz.de/10013067735
This paper examines whether there are complementarities between investments in ICT, R&D and organizational innovation …, and the effects of different investment profiles on total factor productivity growth on Dutch firm-level data. We estimate … an integrated model of investment profile adoption and total factor productivity growth. We find that the three …
Persistent link: https://www.econbiz.de/10012911090
knowledge acquisition (A), implementing written knowledge management rules (W). The French 1998-2000 Community Innovation Survey … to firm innovative performance and to its productivity. The impacts of adoption of the four surveyed KM practices on firm … innovative and productivity performance are not completely accounted by firm size, industry, research & development (R&D) efforts …
Persistent link: https://www.econbiz.de/10013222659