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Research Investment, Innovation and Productivity: An Econometric Analysis at the Firm Level

Author

Listed:
  • Crepon, B.
  • Duguet, E.
  • Mairesse, J.

Abstract

This paper studies the link between productivity, innovation and research and development investments at the firm level. We introduce three new features: (i) A structural model that explains productivity by innovation output, and innovation output by research and development investments; (ii) New data on French manufacturing, including the number of European patent applications, innovation sales as well as firm-level demand pull and technology push indicators; (iii) An econometric method which does not seem to have been used previously in this literature.

Suggested Citation

  • Crepon, B. & Duguet, E. & Mairesse, J., 1998. "Research Investment, Innovation and Productivity: An Econometric Analysis at the Firm Level," Papiers d'Economie Mathématique et Applications 98.15, Université Panthéon-Sorbonne (Paris 1).
    • Handle: RePEc:fth:pariem:98.15
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    More about this item

    Keywords

    RESEARCH AND DEVELOPMENT ; INNOVATIONS ; PRODUCTIVITY ; LEAST SQUARE ; PATENTS;
    All these keywords.

    JEL classification:

    • C31 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models
    • C34 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Truncated and Censored Models; Switching Regression Models
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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