Innovation, firm profitability and growth
This study explores relationships between innovative activity, profitability and firm growth in Norwegian industry. It is based on a dataset which merges information from the Norwegian Innovation Survey (that is, the Norwegian component of the Community Innovation Survey 1992) with accounting data for a panel of firms for the period 1990 (91) to 1994. This allows us to look at profitability and growth over time in firms engaged in innovative activity in the year 1992, or in firms that introduced new products in the period 1990-92. It also allows for comparisons with firms not involved with innovation in this period. Finally, we can investigate whether profitability in the year preceding our registration of innovative activity seems to have had any effect on the occurrence or level of innovation. In doing this, we address a central issue in innovation studies, namely the effects of innovation on firm performance. Does it pay off to become involved in innovative activity? What forms do the benefits of innovation take - does innovation enhance short-run profitability, or does it contribute to firm growth, or both or neither?
|Date of creation:|
|Contact details of provider:|| Postal: Hammersborg torg 3, 0179 Oslo, Norway|
Web page: http://www.nifu.no/
More information through EDIRC
|Order Information:||Web: http://www.nifu.no/|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Paul Geroski, 1995. "Innovation and Competitive Advantage," OECD Economics Department Working Papers 159, OECD Publishing.
When requesting a correction, please mention this item's handle: RePEc:stp:stepre:1997r01. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Nils Henrik Solum)
If references are entirely missing, you can add them using this form.