Cross Sectoral Differences in Drivers of Innovation
AbstractThis paper analyses differences across sectors in firms’ propensity to innovate and the relative importance of inputs to innovation classifying firms into four broad sectors. The propensity and drivers of four types of innovation (new to firm, new to market, process and organisational) within these sectors are then analysed. The results indicate that, for new to firm and new to market innovation, there is a strong degree of heterogeneity in the drivers of innovation across sectors. The propensity to introduce process or organisational innovations varies slightly across sectors but that there is no evidence of differences across sectors in the drivers of innovation. These results have important implications for policy instruments to meet the needs of targeted firms.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 44470.
Date of creation: 2012
Date of revision:
Innovation; Sectoral Differences; Knowledge Sourcing;
Find related papers by JEL classification:
- C5 - Mathematical and Quantitative Methods - - Econometric Modeling
- L5 - Industrial Organization - - Regulation and Industrial Policy
- O31 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
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