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Using firm-level data from the German manufacturing sector, we estimate a dynamic, structural model of the firm's decision to invest in R&D and quantify the cost and longrun benefit of this investment. The model incorporates and quantifies linkages between the firm's R&D investment, product and...
Persistent link: https://www.econbiz.de/10010957646
deepening and innovation for productivity. We employ a model that takes into account that innovation and ICT use may be … technological innovations on a more permanent basis. Moreover, the joint impact of ICT use and permanent technological innovation on … productivity appears to be of the same order of magnitude in the two countries. However, the direct impacts of innovation on multi …
Persistent link: https://www.econbiz.de/10005097585
In this paper, it is argued that ICT investment is closely linked with complementary innovations and most productive in firms with innovative experience. In an analysis based on firm?level panel data covering the period 1994?99, system GMM estimates for an extended production function framework...
Persistent link: https://www.econbiz.de/10005097592
Recent studies have documented extensive heterogeneity in firm performance within countries, and innovation has been … found as an important determinant. This paper addresses the issue of innovation firm performance across countries. A growing … number of national firm level studies on the innovation-productivity link have been conducted using new internationally …
Persistent link: https://www.econbiz.de/10005098157