On the Relationship between Innovation and Performance: A sensitivity Analysis
Hans Lööf () and
Almas Heshmati ()
No 446, SSE/EFI Working Paper Series in Economics and Finance from Stockholm School of Economics
Abstract:
The objective of this study is to investigate the sensitivity of the estimated relationship between innovation and firm performance. In doing so, we rely on a knowledge production function approach and carry out comparisons in a number of respects. The sensitivity analysis is based on the comparison of a basic econometric model with different alternative models using the same data sources, an identical model but different data sources, different classifications of firm performance and different classifications of innovation. The analyses are performed in both level and growth rate dimensions. The overall picture gives indications of what factors cause variations in the estimated effects of interest and the direction of changes.
Keywords: Knowledge capital; productivity; innovation; manufacturing; services; knowledge intensity; Community Innovation Survey (search for similar items in EconPapers)
JEL-codes: C24 C31 L60 O31 O32 (search for similar items in EconPapers)
Pages: 42 pages
Date: 2001-05-17, Revised 2001-10-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (53)
Forthcoming in Economics of Innovation and New Technology, 2003.
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Journal Article: On the relationship between innovation and performance: A sensitivity analysis (2006) 
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:hastef:0446
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