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Innovativity: A comparison across seven European countries

Innovativity: A comparison across seven European countries This paper proposes a framework to account for innovation similar to the usual accounting framework in production analysis and a measure of innovativity comparable to that of total factor productivity. This innovation accounting framework is illustrated using micro-aggregated firm data from the first Community Innovation Surveys (CIS1) for seven European countries: Belgium, Denmark, Ireland, Germany, the Netherlands, Norway, and Italy for the year 1992. On the basis of estimation of a generalized Tobit model and measuring innovation as the share of total sales due to improved or new products, it compares the propensity to innovate, and the innovation intensity conditional and unconditional on being innovative, across the seven countries and low- and high-tech manufacturing sectors. Even with relatively few explanatory variables, our innovation framework already accounts for sizeable differences in country innovation intensity. It also shows that differences in innovativity across countries can be nonetheless very large. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Economics of Innovation and New Technology Taylor & Francis

Innovativity: A comparison across seven European countries

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References (56)

Publisher
Taylor & Francis
Copyright
Copyright Taylor & Francis Group, LLC
ISSN
1476-8364
eISSN
1043-8599
DOI
10.1080/10438590500512950
Publisher site
See Article on Publisher Site

Abstract

This paper proposes a framework to account for innovation similar to the usual accounting framework in production analysis and a measure of innovativity comparable to that of total factor productivity. This innovation accounting framework is illustrated using micro-aggregated firm data from the first Community Innovation Surveys (CIS1) for seven European countries: Belgium, Denmark, Ireland, Germany, the Netherlands, Norway, and Italy for the year 1992. On the basis of estimation of a generalized Tobit model and measuring innovation as the share of total sales due to improved or new products, it compares the propensity to innovate, and the innovation intensity conditional and unconditional on being innovative, across the seven countries and low- and high-tech manufacturing sectors. Even with relatively few explanatory variables, our innovation framework already accounts for sizeable differences in country innovation intensity. It also shows that differences in innovativity across countries can be nonetheless very large.

Journal

Economics of Innovation and New TechnologyTaylor & Francis

Published: Jun 1, 2006

Keywords: Innovation; R&D; Comparative; Self-selection; Europe

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