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The nature of innovation and the origin of technological spillovers: An econometric analysis on individual French data

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Author Info
Stephanie Monjon (EUREQua University Paris1)
Patrick Waelbroeck () (Université Libre de Bruxelles, ECARES and FNRS)

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Abstract

The aim of this paper is to show that innovations are the result of complex interactions between different private and public agents. For that, we identify the nature of the information sources that firms use to produce their innovations and assess the impact of these different sources on the results of the innovation process. We develop an econometric sequential model dealing successively with the innovation decision and the nature of innovation and use recent French data coming from the 1997 Community Innovation Survey. The main results are that innovation is not the result of isolated agents and that firms use very differently information sources according to the degree of novelty their innovation.

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Publisher Info
Article provided by Editions du DULBEA, Université libre de Bruxelles, Department of Applied Economics (DULBEA) in its journal Brussels Economic Journal/Cahiers Economiques de Bruxelles.

Volume (Year): 46 (2003)
Issue (Month): 3 ()
Pages: 87-106
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Handle: RePEc:bxr:bxrceb:y:2003:v:46:i:3:p:87-106

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Related research
Keywords: Innovation; information sources; community innovations surveys; sequential probit model; selection bias;

Find related papers by JEL classification:
C35 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Discrete Regression and Qualitative Choice Models
O31 - Economic Development, Technological Change, and Growth - - Technological Change - - - Innovation and Invention: Processes and Incentives
O32 - Economic Development, Technological Change, and Growth - - Technological Change - - - Management of Technological Innovation and R&D

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This page was last updated on 2009-12-8.


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