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Technological regimes, Schumpeterian patterns of innovation and firm level productivity growth

Fulvio Castellacci and Jinghai Zheng

MPRA Paper from University Library of Munich, Germany

Abstract: The paper investigates the relationships between technological regimes and firm-level productivity performance, and it explores how such a relationship differs in different Schumpeterian patterns of innovation. The analysis makes use of a rich dataset containing data on innovation and other economic characteristics of a large representative sample of Norwegian firms in manufacturing and service industries for the period 1998-2004. First, we decompose TFP growth into technical progress and efficiency changes by means of data envelopment analysis. We then estimate an empirical model that relates these two productivity components to the characteristics of technological regimes and a set of other firm-specific factors. The results indicate that: (1) TFP growth has mainly been achieved through technical progress, while technical efficiency has on average decreased; (2) the characteristics of technological regimes are important determinants of firm-level productivity growth, but their impacts on technical progress are different from the effects on efficiency change; (3) the estimated model works differently in the two Schumpeterian regimes. Technical progress has been more dynamic in Schumpeter Mark II industries, while efficiency change has been more important in Schumpeter Mark I markets.

Keywords: TFP growth; technical progress; technical efficiency; technological regimes; Schumpeterian patterns of innovation; CIS data (search for similar items in EconPapers)
JEL-codes: L0 O1 (search for similar items in EconPapers)
Date: 2010
New Economics Papers: this item is included in nep-eff, nep-ino, nep-sbm and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (35)

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