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Modelling Firm Innovation using Panel Probit Estimators
Mark Harris (),
Mark Rogers () and
Anthony Siouclis
Additional contact information 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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Persistent link: http://EconPapers.repec.org/RePEc:iae:iaewps:wp2001n20
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