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Services innovation and economic performance: an analysis at the firm level

dc.contributor.authorLopes, Luisa Ferreira
dc.contributor.authorGodinho, Manuel Mira
dc.date.accessioned2024-05-13T13:35:16Z
dc.date.available2024-05-13T13:35:16Z
dc.date.issued2005
dc.description.abstractWe present a model that links innovation effort to economic performance, along the lines of the Crépon et al (1998) model. However, in contrast to Crépon et al, that analyze R&D intensive manufacturing sectors, the present application examines the relationship between innovation and performance for services sectors. This is relevant since much effort has been made to explore that relationship for manufacturing but very little is known about it in the case of services sectors. In trying to fulfill this gap the paper uses firm-level data from the Second Community Innovation Survey to estimate a simultaneous equations model for firms in ten services sectors in Portugal. The present model also differs from former approaches by the specific explanatory structure proposed to estimate the complex relationship between innovation and economic performance. Instead of estimating a direct link between innovation and labor productivity, three specific relationships were put forward. The first of them explains the innovation effort intensity (an input in the innovation process). The second one relates service innovation (an output of the innovation process) to effort intensity and to other explanatory variables. Finally, the third relationship links labor productivity to both service innovation and effort intensity considering also some other influences. Sensitivity analysis of the results to alternative estimation techniques was performedpt_PT
dc.description.versioninfo:eu-repo/semantics/publishedVersionpt_PT
dc.identifier.citationLopes, Luísa Ferreira and Manuel Mira Godinho .(2005). “Services innovation and economic performance: an analysis at the firm level”, DRUID - Working Paper No.2005/08 .(Search PDF in 2024).pt_PT
dc.identifier.urihttp://hdl.handle.net/10400.5/30999
dc.language.isoengpt_PT
dc.publisherDRUID - Copenhagen Business School | Department of Industrial Economics and Strategypt_PT
dc.relation.ispartofseries;DRUID - Working Paper No.2005/08 .(Search PDF in 2024).
dc.subjectInnovation and Performancept_PT
dc.subjectInnovation in Servicespt_PT
dc.subjectTechnologypt_PT
dc.subjectService Sectorspt_PT
dc.subjectLabor Productivitypt_PT
dc.subjectCISpt_PT
dc.titleServices innovation and economic performance: an analysis at the firm levelpt_PT
dc.typeworking paper
dspace.entity.typePublication
rcaap.rightsopenAccesspt_PT
rcaap.typeworkingPaperpt_PT

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