The link between firm-level innovation and aggregate productivity growth: a cross-country examination

Hans Lööf () and Almas Heshmati ()

Research Evaluation, 2003, vol. 12, issue 2, 131-147

Abstract: A broad definition of innovation input is used, in which R&D is one of several sources of innovation. A quantitative innovation output measure is used in the analysis, which is based on a large representative sample of firms, including small firms. An econometric framework based on the knowledge-production function accounting for both selectivity and simultaneity bias is employed. The results from Nordic countries show that, given difficulties in pooling the data, it is important to identify country-specific models to account for country-specific effects and differences in countries' national innovation systems. Copyright , Beech Tree Publishing.

Date: 2003
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Working Paper: The link between firm-level innovation and aggregate productivity growth: a cross-country examination (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:oup:rseval:v:12:y:2003:i:2:p:131-147

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