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Innovation adoption and productivity growth: evidence for Europe

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  • Rosina Moreno

    (Grup de Anàlisi Quantitativa Regional-IREA (AQR-IREA) Universidad de Barcelona)

  • Jordi Suriñach

    (Grup de Anàlisi Quantitativa Regional-IREA (AQR-IREA) Universidad de Barcelona)

Abstract

This paper provides an empirical verification of the relationship between innovation adoption and productivity growth. After a brief revision of the literature about the concept and main determinants of innovation adoption/diffusion, the paper provides empirical evidence of the above-mentioned relationship through means of descriptive statistics and subsequently, we study the impact that innovation adoption may have on productivity growth through a regression analysis. The analysis is made with the statistical information provided by the Community Innovation Survey in its third and fourth reports, which concern innovative activities carried out between 1998 and 2000 and between 2002 and 2004 respectively. The countries covered are the 25 EU Member States plus Iceland and Norway as well as Turkey.

Suggested Citation

  • Rosina Moreno & Jordi Suriñach, 2014. "Innovation adoption and productivity growth: evidence for Europe," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, vol. 86(02), pages 62-87.
    • Handle: RePEc:ekz:ekonoz:2014203
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    More about this item

    Keywords

    Innovation; Innovation adoption; Productivity; Europe; Community Innovation Survey;
    All these keywords.

    JEL classification:

    • C80 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - General
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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