The business of product innovation
Subtitle: international empirical evidence
By: Daniel Lederman.
Contributors: World Bank.
Series: Policy research working paper -- 4840; Policy research working papers (Online) -- 4840.
Publisher: World Bank
Published: 2009
Place of publication: [Washington, D.C
Language: eng
Format: Electronic resource
Subjects: Technological innovations; New products
Description: "It is so widely recognized that innovation is a key driver of economic growth that it is cliche to say so.  This article studies product innovation by firms with data from 68 countries, covering more than 25,000 firms in eight manufacturing sectors.  The author assesses the predictions of inter-disciplinary research on innovation by firms.  The econometric evidence suggests that globalization and local knowledge increase the likelihood that firms will introduce new products.  By contrast, domestic regulatory impediments to competition are not robustly correlated with product innovation. "--World Bank web site.
Notes: Title from PDF file as viewed on 5/8/2009.

Includes bibliographical references.

Also available in print.

System requirements: Adobe Acrobat Reader.

Mode of access: World Wide Web.