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Innovation and Firm Performance - An Empirical Investigation for German Firms

of: Bettina Peters

Birkhäuser Basel, 2008

ISBN: 9783790820263 , 226 Pages

Format: PDF, Read online

Copy protection: DRM

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Innovation and Firm Performance - An Empirical Investigation for German Firms


 

Preface

7

Contents

9

1 Introduction

12

1.1 Motivation

12

1.2 Background, Outline, and Research Strategies

16

2 Data Set and Descriptive Analysis

21

2.1 Mannheim Innovation Panel

21

2.2 Additional Data Sources

37

2.3 Descriptive Analysis: Innovation Activities in Germany

38

Appendix A1: Tables

42

Appendix A2: Examples of Product and Process Innovations

45

3 Employment Effects of Innovation Activities

47

3.1 Introduction

47

3.2 Theoretical Considerations

50

3.3 Survey: Previous Empirical Findings

53

3.4 Theoretical and Econometric Model

55

3.5 Empirical Analysis for Germany

61

3.6 International Comparison Between France, Spain, UK and Germany

89

3.7 Summary and Discussion of Results

108

Appendix B

113

4 Productivity Effects of Innovation Activities

118

4.1 Introduction

118

4.2 Literature Review

120

4.3 Econometric Model

132

4.4 Data Set

134

4.5 Empirical Implementation

136

4.6 Descriptive Analysis

140

4.7 Econometric Analysis

144

4.8 Conclusion

153

Appendix C

155

5 Persistence Effects of Innovation Activities

160

5.1 Introduction

160

5.2 Theoretical Explanations

163

5.3 What Do We Know So Far? Previous Empirical Findings

165

5.4 Data Set

167

5.5 Measurement Issues

169

5.6 Stylised Facts

170

5.7 Econometric Analysis

177

5.8 Conclusion

201

Appendix D1: Average Partial E ects

203

Appendix D2: Tables

206

6 Summary and Conclusion

209

Abbreviations

212

List of Figures

214

List of Tables

215

References

218