The Innovation-Sales Growth Nexus in Europe

Alberto Costantiello (), Lucio Laureti, Gianluca De Cristoforo and Angelo Leogrande

MPRA Paper from University Library of Munich, Germany

Abstract: In this article we investigate the innovation-sales growth nexus in Europe. We use data from European Innovation Scoreboard of the European Commission in the period 2000-2019 for 36 countries. Data are analyzed using Panel Data with Random Effects, Fixed Effects, Dynamic Panel at 1 Stage, Pooled OLS, WLS. Results show that the impact of innovation on sales in Europe is positively associated with “Share Knowledge-Intensive Services”, “Turnover of Share Large Enterprises”, “Employment Impacts”, “Innovators”, “Intellectual Assets”, “Linkages” and is negatively associated with “Enterprise Births”, “Government Procurement of Advanced Technology Products”, “Share of Employment in High and Medium high-tech Manufacturing”.

Keywords: Innovation; Open Innovation; Research and Development; Sales Growht; Firm Performance (search for similar items in EconPapers)
JEL-codes: O30 O31 O32 O33 O34 O35 (search for similar items in EconPapers)
Date: 2021-03-28, Revised 2021-03-28
New Economics Papers: this item is included in nep-cse, nep-eur, nep-sbm and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:106858

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