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Firm innovation and productivity in Europe: evidence from innovation-driven and transition-driven economies

机译:欧洲的公司创新和生产力:创新驱动和转型驱动经济的证据

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摘要

This article examines the links between firm innovation and firm productivity performance across a range of European economies, and in particular, we explore the differences between countries which are in transition from efficiency-driven to innovation-driven with those which are primarily innovation-driven economies. We employ an endogenous-switching technique to explore micro-economic survey-based data from both innovating and noninnovating firms. The model allows us to construct counterfactual scenarios which overcome problems of self-selection in the data. Some of the findings provide support for the traditional patterns previously found in the innovation literature, in which innovation efforts and investments in physical and human capital are found to be important for product and process innovations in manufacturing and service firms and across economy types. Our counterfactual analysis also allows us to outline a rationale for policy intervention towards noninnovating firms as well as innovating firms depending on where the transitional heterogeneity effects are greatest.
机译:本文研究了整个欧洲经济体中公司创新与公司生产率绩效之间的联系,尤其是,我们探索了从效率驱动型向创新驱动型转型的国家与主要是创新驱动型经济体之间的差异。 。我们采用内生转换技术来探索创新企业和非创新企业基于微观经济调查的数据。该模型使我们能够构建反事实场景,从而克服数据中的自选问题。一些发现为以前在创新文献中发现的传统模式提供了支持,在传统模式中,发现创新努力以及对物质和人力资本的投资对于制造和服务公司以及不同经济类型的产品和工艺创新非常重要。我们的反事实分析还使我们能够根据过渡异质性影响最大的地方,概述对非创新型企业以及创新型企业进行政策干预的理由。

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