Innovation and Firm Performance
Subtitle: An Empirical Investigation for German Firms
By: by Bettina Peters
Contributors: SpringerLink (Online service)
Series: ZEW Economic Studies -- 38
Publisher: Physica-Verlag Heidelberg New York; Physica-Verlag HD; Physica-Verlag
Published: 2008
Place of publication: Heidelberg
Language: eng
Format: [electronic resource] :
Number of pages: 226
ISBN-13: 9783790820256; 9783790820263
Subjects: Microeconomics; Economics; Industrial organization (Economic theory)
Description: "The process of firms' growth - in terms of productivity or employment - is a major concern of policy makers. In this context, innovations are considered to play a crucial role in stimulating firms' performance. This book investigates this general hypothesis by looking at three topics: 1. Does innovation lead to an increase in employment growth? 2. Does innovation boost labour productivity? 3. Does innovation in one period improve innovation performance in subsequent periods? Based on a comprehensive innovation panel dataset for German firms, this book presents detailed results for each question, in particular by separating the effects induced by new products from those induced by the introduction of new production technologies. From a theoretical point of view, amongst others, a new multi-product model has been developed to study employment effects."--BOOK JACKET.