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Persistence of Innovation in Dutch Manufacturing: Is it Spurious? Author info | Abstract | Publisher info | Download info | Related research | Statistics Wladimir Raymond
Pierre Mohnen ()
Franz Palm
Sybrand Schim van der Loeff
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This paper studies the persistence of innovation and the dynamics of innovation output in Dutch manufacturing using firm data from three waves of the Community Innovation Surveys (CIS), pertaining to the periods 1994-1996, 1996-1998, and 1998-2000. We estimate by maximum likelihood a dynamic panel data type 2 tobit model accounting for individual effects and handling the initial conditions problem. We find that there is no evidence of true persistence in achieving technological product or process innovations, while past shares of innovative sales condition, albeit to a small extent, current shares of innovative sales. Cette étude analyse la persistance et la dynamique de l’innovation dans les entreprises manufacturières néerlandaises à partir des données de trois vagues d’enquêtes communautaires sur l’innovation (ECI), portant sur les périodes 1994-1996, 1996-1998 et 1998-2000. Nous estimons par la méthode du maximum de vraisemblance un modèle tobit de type II dynamique sur données de panel avec effets individuels et traitement explicite des conditions initiales. Nous concluons qu’il n’y a pas de véritable persistance dans le fait d’innover en produits ou en procédés, mais que les observations passées des parts du chiffre d’affaires en produits innovants influencent, quoique faiblement, les données contemporaines de ces parts.
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Paper provided by CIRANO in its series CIRANO Working Papers with number
2006s-04.
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Date of creation: 01 Feb 2006Date of revision:
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Keywords: dynamic panel data type 2 tobit ; innovation ; spurious persistence ; modèle tobit de type II dynamique ; données de panel ; persistence ; innovation ; Other versions of this item:
Paper Mohnen, Pierre & Schim van der Loeff, S. & Palm, Franz & Raymond, Wladimir, 2006.
"Persistence of Innovation in Dutch Manufacturing: Is it Spurious? ,"
UNU-MERIT Working Paper Series
011, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology.
[Downloadable!] Raymond Wladimir & Mohnen, Pierre & Palm, Franz & Schim, van der Loeff, Sybrand, 2006.
"Persistence of Innovation in Dutch Manufacturing: Is it Spurious? ,"
Research Memoranda
009, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization.
[Downloadable!] Wladimir Raymond & Pierre Mohnen & Franz Palm & Sybrand Schim van der Loeff, 2006.
"Persistence of Innovation in Dutch Manufacturing: Is it Spurious? ,"
CESifo Working Paper Series
CESifo Working Paper No. , CESifo Group Munich.
[Downloadable!] Find related papers by JEL classification: C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data C34 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Truncated and Censored Models O31 - Economic Development, Technological Change, and Growth - - Technological Change - - - Innovation and Invention: Processes and Incentives
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Wladimir Raymond & Pierre Mohnen & Franz Palm & Sybrand Schim van der Loeff, 2007.
"The Behavior of the Maximum Likelihood Estimator of Dynamic Panel Data Sample Selection Models ,"
CIRANO Working Papers
2007s-06, CIRANO.
[Downloadable!]
Other versions:
Mohnen, Pierre & Raymond, Wladimir & Palm, Franz & Schim van der Loeff, Sybrand, 2007.
"The Behavior of the Maximum Likelihood Estimator of Dynamic Panel Data Sample Selection Models ,"
UNU-MERIT Working Paper Series
007, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology.
[Downloadable!] Wladimir Raymond & Pierre Mohnen & Franz Palm & Sybrand Schim van der Loeff, 2007.
"The Behavior of the Maximum Likelihood Estimator of Dynamic Panel Data Sample Selection Models ,"
CESifo Working Paper Series
CESifo Working Paper No. , CESifo Group Munich.
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"Information and intellectual property: The global challenges ,"
UNU-MERIT Working Paper Series
029, United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology.
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"The Kalai-Smorodinsky Solution with Loss Aversion ,"
Research Memoranda
030, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization.
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"Innovation and Firms' Productivity Growth in Slovenia: Sensitivity of Results to Sectoral Heterogeneity and to Estimation Method ,"
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20308, LICOS - Centre for Institutions and Economic Performance, K.U.Leuven.
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