Research Investment, Innovation and Productivity: An Econometric Analysis at the Firm Level

Bruno Crépon, Emmanuel Duguet and Jacques Mairesse

Papiers d'Economie Mathématique et Applications from Université Panthéon-Sorbonne (Paris 1)

Abstract: This paper studies the link between productivity, innovation and research and development investments at the firm level. We introduce three new features: (i) A structural model that explains productivity by innovation output, and innovation output by research and development investments; (ii) New data on French manufacturing, including the number of European patent applications, innovation sales as well as firm-level demand pull and technology push indicators; (iii) An econometric method which does not seem to have been used previously in this literature.

Keywords: RESEARCH AND DEVELOPMENT; INNOVATIONS; PRODUCTIVITY; LEAST SQUARE; PATENTS (search for similar items in EconPapers)
JEL-codes: C31 C34 L60 O31 O33 (search for similar items in EconPapers)
Pages: 39 pages
Date: 1998
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Citations: View citations in EconPapers (964)

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Persistent link: https://EconPapers.repec.org/RePEc:fth:pariem:98.15

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