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Modelling Firm Innovation using Panel Probit Estimators

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Author Info
Mark N. Harris () (Melbourne Institute of Applied Economic and Social Research, The University of Melbourne and Economics Department, Central European University, Hungary)
Mark Rogers () (Harris Manchester College, The University of Oxford, U.K.)
Anthony Siouclis (Monash University, Melbourne)

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Abstract

Firm-level innovation is investigated using three probit panel estimators, which control for unobserved heterogeneity, and a standard probit estimator. Results indicate the standard probit model is misspecified and that inter-firm networks are important for innovation.

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Paper provided by Melbourne Institute of Applied Economic and Social Research, The University of Melbourne in its series Melbourne Institute Working Paper Series with number wp2001n20.

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Length: 10 pages
Date of creation: Dec 2001
Date of revision:
Handle: RePEc:iae:iaewps:wp2001n20

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Postal: Melbourne Institute of Applied Economic and Social Research, The University of Melbourne, Victoria 3010 Australia
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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Karlsson, Charlie & Olsson, Ola, 1998. " Product Innovation in Small and Large Enterprises," Small Business Economics, Springer, vol. 10(1), pages 31-46, February. [Downloadable!] (restricted)
  2. George Symeonidis, 1996. "Innovation, Firm Size and Market Structure: Schumpeterian Hypotheses and Some New Themes," OECD Economics Department Working Papers 161, OECD Economics Department. [Downloadable!]
  3. Arvanitis, Spyros, 1997. " The Impact of Firm Size on Innovative Activity--An Empirical Analysis Based on Swiss Firm Data," Small Business Economics, Springer, vol. 9(6), pages 473-90, December. [Downloadable!] (restricted)
  4. Butler, J S & Moffitt, Robert, 1982. "A Computationally Efficient Quadrature Procedure for the One-Factor Multinomial Probit Model," Econometrica, Econometric Society, vol. 50(3), pages 761-64, May. [Downloadable!] (restricted)
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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Ashok Parikh & Kunal Sen, 2006. "Probit with heteroscedasticity: an application to Indian poverty analysis," Applied Economics Letters, Taylor and Francis Journals, vol. 13(11), pages 699-707, September. [Downloadable!] (restricted)
  2. Frédérique Savignac, 2006. "The impact of financial constraints on innovation : evidence from French manufacturing firms," Post-Print halshs-00115717_v1, HAL. [Downloadable!]
  3. Frédérique Savignac, 2006. "The impact of financial constraints on innovation : evidence from french manufacturing firms," Cahiers de la Maison des Sciences Economiques v06042, Université Panthéon-Sorbonne (Paris 1). [Downloadable!]
  4. Jaakko Simonen, 2005. "The innovativeness of the Finnish high technology firms – The role of internal factors, cooperation, and the mobility of labour," ERSA conference papers ersa05p462, European Regional Science Association. [Downloadable!]
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