Persistence of Innovation in Dutch Manufacturing: Is it Spurious?

Wladimir Raymond (), Pierre Mohnen, Franz Palm and Sybrand Schim van der Loeff

CIRANO Working Papers from CIRANO

Abstract: This paper studies the persistence of innovation and the dynamics of innovation output in Dutch manufacturing using firm data from three waves of the Community Innovation Surveys (CIS), pertaining to the periods 1994-1996, 1996-1998, and 1998-2000. We estimate by maximum likelihood a dynamic panel data type 2 tobit model accounting for individual effects and handling the initial conditions problem. We find that there is no evidence of true persistence in achieving technological product or process innovations, while past shares of innovative sales condition, albeit to a small extent, current shares of innovative sales. Cette étude analyse la persistance et la dynamique de l'innovation dans les entreprises manufacturières néerlandaises à partir des données de trois vagues d'enquêtes communautaires sur l'innovation (ECI), portant sur les périodes 1994-1996, 1996-1998 et 1998-2000. Nous estimons par la méthode du maximum de vraisemblance un modèle tobit de type II dynamique sur données de panel avec effets individuels et traitement explicite des conditions initiales. Nous concluons qu'il n'y a pas de véritable persistance dans le fait d'innover en produits ou en procédés, mais que les observations passées des parts du chiffre d'affaires en produits innovants influencent, quoique faiblement, les données contemporaines de ces parts.

Keywords: dynamic panel data type 2 tobit; innovation; spurious persistence; modèle tobit de type II dynamique; données de panel; persistence; innovation (search for similar items in EconPapers)
JEL-codes: C33 C34 O31 (search for similar items in EconPapers)
Date: 2006-02-01
New Economics Papers: this item is included in nep-ino and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (20)

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Working Paper: Persistence of Innovation in Dutch Manufacturing: Is it Spurious? (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:cir:cirwor:2006s-04

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