How does competition affect the relationship between innovation and productivity? Estimation of a CDM model for Norway
被引:48
作者:
Castellacci, Fulvio
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机构:
Norwegian Inst Int Affairs NUPI, Dept Int Econ, POB 8159, N-0033 Oslo, NorwayNorwegian Inst Int Affairs NUPI, Dept Int Econ, POB 8159, N-0033 Oslo, Norway
Castellacci, Fulvio
[1
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机构:
[1] Norwegian Inst Int Affairs NUPI, Dept Int Econ, POB 8159, N-0033 Oslo, Norway
The paper investigates the effects of industry-level competition on firm-level innovation and productivity. We propose a refined version of the CDM (Crepon, Duguet, and Mairesse) model that analyses the impacts of competition on four interrelated stages of the innovation process: the choice of a firm to engage in innovation, its R&D intensity, its innovation output and labour productivity. We test the model on a firm-level panel data set based on the last three waves of the innovation survey for Norway (CIS3, CIS4 and CIS5). The econometric results provide empirical support for the refined version of the CDM model. They show that enterprises in oligopolistic sectors have, on average, a greater propensity to engage in innovative activities and tend to invest a greater amount of resources in R&D. On the other hand, firms in competitive industries are characterized by a stronger impact of innovation input on their technological and economic performance.
机构:
Univ Torino, Dipartimento Econ, BRICK Bur Res Complex Knowledge Innovat, Coll Carlo Alberto, Turin, ItalyUniv Torino, Dipartimento Econ, BRICK Bur Res Complex Knowledge Innovat, Coll Carlo Alberto, Turin, Italy
机构:
Univ Torino, Dipartimento Econ, BRICK Bur Res Complex Knowledge Innovat, Coll Carlo Alberto, Turin, ItalyUniv Torino, Dipartimento Econ, BRICK Bur Res Complex Knowledge Innovat, Coll Carlo Alberto, Turin, Italy