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Product Innovation and Corporate Growth: The Case of Integrated Circuits

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Author Info
Marco Corsino

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Abstract

A puzzling evidence stemming from the applied research on growth and innovation is that successful innovations do not appear to have a significant effect on sales growth rates, at odds with the expectation that successful innovators will prosper at the expenses of their less able competitors. The present paper tests a research hypothesis claiming that the level of observation at which applied research is typically conducted hampers the identification of a significant association between innovation and sales growth rates.x10Exploiting a unique and original database comprising detailed information on product innovation of leading semiconductor companies, we find new components commercialized in the nearest past to cause a one percent increase in sales.

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Publisher Info
Paper provided by Department of Computer and Management Sciences, University of Trento, Italy in its series Quaderni DISA with number 115.

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Date of creation: Dec 2006
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Handle: RePEc:trt:disatr:115

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Related research
Keywords: product innovation; firm growth; semiconductors;

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  1. Marco Corsino, 2008. "Product Innovation and Growth: The Case of Integrated Circuits," LEM Papers Series 2008/02, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy. [Downloadable!]
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This page was last updated on 2009-11-6.


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