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Modelling Firm Innovation using Panel Probit Estimators

Mark Harris (), Mark Rogers () and Anthony Siouclis
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Anthony Siouclis: Monash University, Melbourne

Melbourne Institute Working Paper Series from Melbourne Institute of Applied Economic and Social Research, The University of Melbourne

Abstract: Firm-level innovation is investigated using three probit panel estimators, which control for unobserved heterogeneity, and a standard probit estimator. Results indicate the standard probit model is misspecified and that inter-firm networks are important for innovation.

Date: 2001-12
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Journal Article: Modelling firm innovation using panel probit estimators (2003) Downloads
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