Organizational versus Technological Determinants of Innovation

Brigitte Unger () and Martin Zagler ()
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Brigitte Unger: Department of Economics, Vienna University of Economics & B.A.

Department of Economics Working Papers from Vienna University of Economics and B.A., Department of Economics

Abstract: In this paper, we analyze, estimate and compare five prototypic models of innovation, from a simple learning-by-doing model to an elaborated model that includes financial, organizational and technological determinants of innovation. From the comparison of the five models we conclude that institutions - in particular the national system of innovation - and organizations matter. The importance of networks and the importance of information flows from different economic actors add to the explanatory power and gives the best model fit among all models specified.

Keywords: Determinants of Innovation; Organization; Networks; Innovation and Knowledge; National Systems of Innovation; Endogenous Growth (search for similar items in EconPapers)
JEL-codes: O41 L80 O14 O31 O33 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-tid
Date: 2000-12
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