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Product Innovation and Growth: The Case of Integrated Circuits

  • Marco Corsino

Applied research on growth and innovation seems to suggest that successful innovations do not significantly enhance firm growth. This paper tests the hypothesis that the level of observation at which applied research is typically conducted hampers identification of a significant association between innovation and sales growth rates. Exploiting a unique data set, we find that product innovations commercialized in the immediate past positively affect the corporate revenue streams of semiconductor companies.

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Paper provided by Department of Computer and Management Sciences, University of Trento, Italy in its series ROCK Working Papers with number 047.

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Length: 29 pages
Date of creation: May 2008
Date of revision: 23 Jun 2008
Handle: RePEc:trt:rockwp:047
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