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Persistence of Innovation in Dutch Manufacturing: Is it Spurious?

Pierre Mohnen (), S. Schim van der Loeff (), Franz Palm and Wladimir Raymond ()
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S. Schim van der Loeff: University of Maastricht, Department of Quantitative Economics

No 2006-011, MERIT Working Papers from United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT)

Abstract: This paper studies the persistence of innovation and the dynamics of innovation output in Dutch manufacturing using firm data from three waves of the Community Innovation Surveys (CIS), pertaining to the periods 1994-1996, 1996-1998, and 1998-2000. We estimate by maximum likelihood a dynamic panel data type 2 tobit model accounting for individual effects and handling the initial conditions problem. We find that there is no evidence of true persistence in achieving technological product or process innovations, while past shares of innovative sales condition, albeit to a small extent, current shares of innovative sales.

Keywords: Dynamic panel data type 2 tobit; Innovation; Spurious persistence (search for similar items in EconPapers)
JEL-codes: C33 C34 O31 (search for similar items in EconPapers)
Date: 2006
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Related works:
Journal Article: Persistence of Innovation in Dutch Manufacturing: Is It Spurious? (2010) Downloads
Working Paper: Persistence of Innovation in Dutch Manufacturing: Is it Spurious? (2006) Downloads
Working Paper: Persistence of Innovation in Dutch Manufacturing: Is it Spurious? (2006) Downloads
Working Paper: Persistence of innovation in Dutch manufacturing: is it spurious? (2006) Downloads
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