Does innovation help the good or the poor performing firms?

Joze Damijan, Crt Kostevc and Matija Rojec

Economics Letters, 2012, vol. 115, issue 2, 190-195

Abstract: Using firm-level innovation data we find surprising results on the benefits of innovation. Only manufacturing firms with below average productivity growth are likely to benefits significantly from successful innovation, while faster growing firms do not gain additional benefits from innovating.

Keywords: Research and development; Innovation; Knowledge spillovers; Productivity growth (search for similar items in EconPapers)
JEL-codes: D24 F14 F21 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:115:y:2012:i:2:p:190-195

DOI: 10.1016/j.econlet.2011.11.024

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