Comparing persistence of product and process innovation: A discrete-time duration analysis of Innovation Spells

David Córcoles (), Angela Triguero Cano () and María Carmen Cuerva

No 2016-34, Economics Discussion Papers from Kiel Institute for the World Economy (IfW Kiel)

Abstract: The main purpose of this paper is to analyze the influence of previous experience and learning capabilities on survival in product and process innovation for Spanish manufacturing firms in the period 1990-2010. The authors find past and path dependence and confirm the important effect of R&D effort in both types of innovation. Nevertheless, for product innovation, the level of appropriability and the fact of operating in a high-tech sector are crucial for persistence in comparison with process innovation.

Keywords: persistence in innovation; product innovation; process innovation; discrete-time duration models; panel-data (search for similar items in EconPapers)
JEL-codes: L22 L60 O31 O32 (search for similar items in EconPapers)
Date: 2016
New Economics Papers: this item is included in nep-ino, nep-knm and nep-tid
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwedp:201634

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