Innovation,Skilled Labour,Technology And Performance In Israeli Industrial Firms |
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Authors: | Haim Regev |
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Affiliation: | Israel Central Bureau of Statistics , Hakiria, Romema, Jerusalem1 I thank Zvi Griliches, Arie Bregman, Reuben Gronau, Judith Hellerstein, David Newmark, Charles Kamen and Simcha Bar-Eliezer for their helpful comments on this paper, and Michael Humphries and Malkiel lucha for their assistance. Naturally, I am solely responsible for the results. |
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Abstract: | A technology index based on R&D, skilled labour and capital vintage was developed and used to characterise industrial firms by technology level, facilitating the analysis of relationships between technology and economic performance at the firm level. The results show that technology-intensive firms are important players in industrial performance, accounting for a disproportionate share of total production. Compared to other kinds of firms, technology intensive firms are larger, more productive, offer higher average salaries, generate a higher value added and a highcr profit per employee and capital. They also tend to operate in more highly concentrated industries and are more involved in external trade. While down-sized as a group, high-tech firms show net job creation during the 11-year period surveyed. |
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Keywords: | Technology Innovation High-tech Israe Industry Panel data JEL classification: 621 |
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