Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w18053 |
来源ID | Working Paper 18053 |
Evidence on the Impact of R&D and ICT Investment on Innovation and Productivity in Italian Firms | |
Bronwyn H. Hall; Francesca Lotti; Jacques Mairesse | |
发表日期 | 2012-05-10 |
出版年 | 2012 |
语种 | 英语 |
摘要 | Both Research and Development (R&D) and Information and Communication Technology (ICT) investment have been identified as sources of relative innovation underperformance in Europe vis-à-vis the United States. In this paper we investigate R&D and ICT investment at the firm level in an effort to assess their relative importance and to what extent they are complements or substitutes. We use data on a large unbalanced panel data sample of Italian manufacturing firms constructed from four consecutive waves of a survey of manufacturing firms, together with a version of the CDM model (Crepon et al., 1998) that has been modified to include ICT investment and R&D as the two main inputs into innovation and productivity. We find that R&D and ICT are both strongly associated with innovation and productivity, with R&D being more important for innovation, and ICT investment being more important for productivity. For the median firm, rates of return to both investments are so high that they suggest considerably underinvestment in both these activities. |
主题 | Industrial Organization ; Industry Studies ; Development and Growth ; Innovation and R& ; D |
URL | https://www.nber.org/papers/w18053 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/575729 |
推荐引用方式 GB/T 7714 | Bronwyn H. Hall,Francesca Lotti,Jacques Mairesse. Evidence on the Impact of R&D and ICT Investment on Innovation and Productivity in Italian Firms. 2012. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w18053.pdf(398KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。