IS THERE A COMPLEMENTARY RELATIONSHIP BETWEEN PRODUCT AND PROCESS INNOVATION ON PRODUCTIVITY IN TAIWANESE MANUFACTURING FIRMS?

Chia-Ling Lin, Hui-Lin Lin and Eric Lin

Hitotsubashi Journal of Economics, 2016, vol. 57, issue 2, 139-173

Abstract: As a newly-industrialized country, Taiwan has gone through a vast industrial transformation. To reflect the impacts of innovation on firms' performance, we adopt a modified CDM (Crépon et al., 1998) model and focus on the innovation activities of Taiwanese manufacturing firms, especially on the comparison between OEM and non-OEM. Two data sources are uniquely compiled; one is the TTIS-II, and the other is the ICSC. Our findings suggest that considering the whole sample, only process innovation will improve both TFP growth and labor productivity growth. However, there exists a complementary relationship between product and process innovation on productivity among OEM.

Keywords: innovation; R&D; productivity; complementarity; innovation surveys (search for similar items in EconPapers)
JEL-codes: L60 O31 O32 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://hermes-ir.lib.hit-u.ac.jp/hermes/ir/re/28221/HJeco0570201390.pdf

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hit:hitjec:v:57:y:2016:i:2:p:139-173

DOI: 10.15057/28221

Access Statistics for this article

More articles in Hitotsubashi Journal of Economics from Hitotsubashi University Contact information at EDIRC.
Bibliographic data for series maintained by Digital Resources Section, Hitotsubashi University Library ().