Innovative events

Max Nathan and Anna Rosso

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: We take a fresh look at firms’ innovation-productivity linkages, using novel data capturing new aspects of innovative activity. We combine UK administrative microdata, media and website content to develop experimental metrics – new product/service launches – for a large panel of SMEs. Extensive validation and descriptive exercises show that launches complement patents, trademarks and innovation surveys. We also establish connections between launches and previous innovative activity. We then link IP, launches and productivity, controlling for media exposure and firm heterogeneity. Launch activity is associated with higher SME productivity, especially in the service sector. High-quality launches and medium-size firms help drive this result.

Keywords: innovation; productivity; data science (search for similar items in EconPapers)
JEL-codes: L86 (search for similar items in EconPapers)
Pages: 79 pages
Date: 2019-03
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Downloads: (external link)
http://eprints.lse.ac.uk/102626/ Open access version. (application/pdf)

Related works:
Working Paper: Innovative events (2019)
Working Paper: Innovative events (2019)
Working Paper: Innovative Events (2019)
Working Paper: Innovative Events (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:ehl:lserod:102626

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