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On Firm Growth and Innovation. Some new empirical perspectives using French CIS (1992-2004)

  • Alessandra Colombelli

    ()

  • Naciba Haned

    ()

  • Christian Le Bas

    ()

In the paper we wish to examine if the firms that innovate know a higher growth than the firm that do not. We use diverse waves of CIS for the French industries over the period 1992- 2004 and carry out different models and new econometric methods (quantile regression). Our main findings are that innovative firms produce more growth than non innovative firms. The estimates show that the results are robust to the different types of models that we have implemented. Process innovators are more productive in terms of growth than product innovators when OLS and Random effects models are used. The reverse is true for Fix effect model and quantile regression. In the three growth equations estimated by GMM the coefficients related to innovation product are always higher. Our study does not give definitive results with respect to the magnitude of the effects of the type of innovation on firm growth.

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File URL: http://servizi.sme.unito.it/icer_repec/RePEc/icr/wp2011/ICERwp07-11.pdf
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Paper provided by ICER - International Centre for Economic Research in its series ICER Working Papers with number 07-2011.

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Length: 28 pages
Date of creation: Jun 2011
Date of revision:
Handle: RePEc:icr:wpicer:07-2011
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  1. Colombelli Alessandra & von Tunzelmann Nick, 2010. "The persistence of innovation and path dependence," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201011, University of Turin.
  2. repec:rje:randje:v:37:y:2006:2:p:235-256 is not listed on IDEAS
  3. Dosi, Giovanni, 1988. "Sources, Procedures, and Microeconomic Effects of Innovation," Journal of Economic Literature, American Economic Association, vol. 26(3), pages 1120-71, September.
  4. Paul Geroski & Steve Machin & John Van Reenen, 1993. "The Profitability of Innovating Firms," RAND Journal of Economics, The RAND Corporation, vol. 24(2), pages 198-211, Summer.
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  40. Barras, Richard, 1990. "Interactive innovation in financial and business services: The vanguard of the service revolution," Research Policy, Elsevier, vol. 19(3), pages 215-237, June.
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