Innovation and economic performance in services: a firm-level analysis |
| |
Authors: | Cainelli, Giulio Evangelista, Rinaldo Savona, Maria |
| |
Affiliation: | * University of Bari, and CERIS-CNR, Milan; IRPPS-CNR, Rome and University of Camerino; and SPRU, UK, and BETA, Strasbourg, respectively |
| |
Abstract: | This paper explores the two-way relationship between innovationand economic performance in services using a longitudinal firm-leveldataset which matches data from the second Community InnovationSurvey, CIS II (199395), against a set of economic variablesprovided by the System of Enterprise Accounts (199398).The results presented show that innovation is positively affectedby past economic performance and that innovation activities(especially investments in ICTs) have a positive impact on bothgrowth and productivity. Furthermore, productivity and innovationact as a self-reinforcing mechanism, which further boosts economicperformance. These findings provide empirical support for theendogenous nature of innovation in services and the presencein this sector of competition models and selection mechanismsbased on innovation. |
| |
Keywords: | Technological innovation Economic performance Service sector |
本文献已被 Oxford 等数据库收录! |
|