 Innovation and profitability in the computer industryChristian Genthon ()
Post-Print from HAL Abstract: This article explores the nature of the relations between innovation and profitability, based on a long-term analysis (20 years from 1982 to 2001) of the computer industry. The industrial dynamics of the industry leads us to speculate that changes in industrial organisation took place during this period. The empirical analysis was performed using a proprietary database built around the top-sixty firms in the sector. It demonstrates that there is no relationship between R&D spending and profitability. The determinants of profits depend mainly on growth but also on the period studied, and therefore on industrial organisation of the industry. The determinants of profit and innovation are not only "industry specific", but also "historically industry specific". Keywords: research and development; industrial organisation; innovation; computer industry; profitability; recherche et développement; organisation industrielle; taille de l'entreprise; dynamique industrielle; industrie informatique; profit (search for similar items in EconPapers) Published in Laperche B., Uzunidis D. Powerful finance and innovation trends in a high-risk economy, Palgrave Macmillan, pp.167-182, 2008 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-00278560 Access Statistics for this paper More papers in Post-Print from HAL |
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