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Innovation and productivity: the recent empirical literature and the state of the art

Author

Listed:
  • Jacques Mairesse

    (Institut Polytechnique de Paris)

  • Pierre Mohnen

    (Maastricht University)

  • Ad Notten

    (Maastricht University)

Abstract

This paper reviews the empirical work that has been done over the period 2013–2023 on the topic of innovation and productivity. A visual graph based on keywords shows the main areas that have been investigated. The literature review is organized around the way the link between innovation and productivity has been analyzed, the data that have been used, and the evidence that has been obtained. The paper ends with suggestions of future research on the topic.

Suggested Citation

  • Jacques Mairesse & Pierre Mohnen & Ad Notten, 2025. "Innovation and productivity: the recent empirical literature and the state of the art," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 15(1), pages 1-27, March.
  • Handle: RePEc:spr:eurasi:v:15:y:2025:i:1:d:10.1007_s40821-025-00295-w
    DOI: 10.1007/s40821-025-00295-w
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    49. Bronwyn H. Hall & Vania Sena, 2017. "Appropriability mechanisms, innovation, and productivity: evidence from the UK," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 26(1-2), pages 42-62, February.
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    56. Hannu Piekkola & Jaana Rahko, 2020. "Innovative growth: the role of market power and negative selection," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 29(6), pages 603-624, August.
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    58. Pham Dinh Long & Ho Thi Mai Anh, 2017. "Innovation and Productivity of Vietnamese Small and Medium Enterprises: Firm Level Panel Data Evidence," International Journal of Economics and Financial Issues, Econjournals, vol. 7(3), pages 226-232.
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    60. Pierre Mohnen & Bronwyn Hall, 2013. "Innovation and Productivity: An Update," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 3(1), pages 47-65, June.
    61. Başak Dalgıç & Burcu Fazlıoğlu, 2021. "Innovation and firm growth: Turkish manufacturing and services SMEs," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 11(3), pages 395-419, September.
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    More about this item

    Keywords

    Literature review; Productivity; Innovation; Micro data;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • O30 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D

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