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Product Innovation and Growth: The Case of Integrated Circuits

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Author Info
Marco Corsino

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Abstract

Applied research on growth and innovation seems to suggest that successful innovations do not significantly enhance firm growth. This paper tests the hypothesis that the level of observation at which applied research is typically conducted hampers identification of a significant association between innovation and sales growth rates. Exploiting a unique data set, we find that product innovations commercialized in the immediate past positively affect the corporate revenue streams of semiconductor companies.

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Publisher Info
Paper provided by Department of Computer and Management Sciences, University of Trento, Italy in its series ROCK Working Papers with number 047.

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Length: 29 pages
Date of creation: May 2008
Date of revision: 23 Jun 2008
Handle: RePEc:trt:rockwp:047

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Related research
Keywords: firm growth; product innovation; semiconductor industry;

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Find related papers by JEL classification:
L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
L63 - Industrial Organization - - Industry Studies: Manufacturing - - - Microelectronics; Computers; Communications Equipment
O31 - Economic Development, Technological Change, and Growth - - Technological Change - - - Innovation and Invention: Processes and Incentives

References listed on IDEAS
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