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INNOVATION AND ECONOMIC PERFORMANCE: the case of Greek SMEs

  • BENEKI, Christina
  • GIANNIAS, Dimitrios
  • MOUSTAKAS, George

The relationship between innovation and economic performance is estimated for Greek SMEs using ICAP 1999 micro data and a CDM four equation model. The empirical analysis shows an unwillingness of the Greek private sector to invest in R&D and the low productivity of innovation.

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Article provided by Euro-American Association of Economic Development in its journal Regional and Sectoral Economic Studies.

Volume (Year): 12 (2012)
Issue (Month): 1 ()
Pages: 43-54

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Handle: RePEc:eaa:eerese:v:12:y2012:i:1_3
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  1. Werner Bonte, 2003. "R&D and productivity: Internal vs. external R&D - evidence from west german manufacturing industries," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 12(4), pages 343-360.
  2. José Miguel Benavente, 2002. "The Role of Research and Innovation in Promoting Productivity in Chile," Working Papers wp200, University of Chile, Department of Economics.
  3. Ganna Vakhitova & Tetyana Pavlenko, 2010. "Innovation and Productivity: a Firm Level Study of Ukrainian Manufacturing Sector," Discussion Papers 27, Kyiv School of Economics.
  4. Marios Zachariadis, . "R&D-Induced Growth in the OECD?," Departmental Working Papers 2001-02, Department of Economics, Louisiana State University.
  5. Emmanuel Duguet, 2006. "Innovation height, spillovers and tfp growth at the firm level: Evidence from French manufacturing," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 15(4-5), pages 415-442.
  6. Bronwyn H. Hall & Francesca Lotti & Jacques Mairesse, 2009. "Innovation and productivity in SMEs. Empirical evidence for Italy," Temi di discussione (Economic working papers) 718, Bank of Italy, Economic Research and International Relations Area.
  7. Elena Huergo & Lourdes Moreno, 2011. "Does history matter for the relationship between R&D, innovation, and productivity?," Industrial and Corporate Change, Oxford University Press, vol. 20(5), pages 1335-1368, October.
  8. Antonio Musolesi & Jean-Pierre Huiban, 2010. "Innovation and productivity in knowledge intensive business services," Journal of Productivity Analysis, Springer, vol. 34(1), pages 63-81, August.
  9. Carter Bloch, 2008. "The Market Valuation Of Knowledge Assets," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 17(3), pages 269-284.
  10. Francesca Lotti & Enrico Santarelli, 2001. "Linking Knowledge to Productivity: A Germany-Italy Comparison Using the CIS Database," Empirica, Springer, vol. 28(3), pages 293-317, September.
  11. Luuk Klomp & George Van Leeuwen, 2001. "Linking Innovation and Firm Performance: A New Approach," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 8(3), pages 343-364.
  12. Hans Loof & Almas Heshmati, 2006. "On the relationship between innovation and performance: A sensitivity analysis," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 15(4-5), pages 317-344.
  13. Bronwyn H. Hall & Jacques Mairesse, 1992. "Exploring the Relationship Between R&D and Productivity in French Manufacturing Firms," NBER Working Papers 3956, National Bureau of Economic Research, Inc.
  14. Lööf, Hans & Heshmati, Almas, 2000. "Knowledge Capital and Performance Heterogeneity: A Firm Level Innovation Study," SSE/EFI Working Paper Series in Economics and Finance 387, Stockholm School of Economics, revised 14 Aug 2000.
  15. Parisi, Maria Laura & Schiantarelli, Fabio & Sembenelli, Alessandro, 2006. "Productivity, innovation and R&D: Micro evidence for Italy," European Economic Review, Elsevier, vol. 50(8), pages 2037-2061, November.
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