Do process innovations boost SMEs productivity growth?

Empirical Economics

Volumn 44, Issue 3, 2013, Pages 1373-1405

  Mañez, Juan A ^a   Rochina Barrachina, María E ^a   Sanchis, Amparo ^a   Sanchis, Juan A ^a  

^a Polibienestar Research Institute   (Spain)

Author keywords

Matching techniques; Process innovations; Stochastic dominance; TFP

Indexed keywords

INNOVATION; MANUFACTURING; SMALL AND MEDIUM-SIZED ENTERPRISE; STOCHASTICITY; TOTAL FACTOR PRODUCTIVITY;

SPAIN;

EID: 84877626435     PISSN: 03777332     EISSN: None     Source Type: Journal    
DOI: 10.1007/s00181-012-0571-7     Document Type: Article

References (61)

1. Abadie A, Imbens GW (2008) On the failure of the bootstrap for matching estimators. Econometrica 76(6): 1537-1557.
2. Abadie A, Drukker D, Herr J, Imbens GW (2004) Implementing matching estimators for average treatment effects in Stata. Stata J 4(3): 290-311.
3. Acs ZJ, Audretsch DB (1990) Innovation and small firms. MIT Press, Cambridge.
4. Aghion P, Howitt P (1992) A model of growth through creative destruction. Econometrica 60: 323-351.
5. Baldwin JR (1997) The importance of research and development for innovation in small and large Canadian manufacturing firms. Research paper 107. Analytical Studies Branch, Statistics Canada.
6. Baldwin J, Hanel P, Sabourin D (2002) Determinants of innovative activity in Canadian manufacturing firms. In: Kleinknecht A, Mohnen P (eds) Innovation and firm performance. Palgrave, London, pp 86-111.
7. Bartel A, Lichtenberg F (1987) The comparative advantage of educated workers in implementing new technology. Rev Econ Stat 69(1): 1-11.
8. Becker SO, Egger PH (2009) Endogenous product versus process innovation and a firm's propensity to export. Empir Econ. doi: 10. 1007/s00181-009-0322-6.
9. Buckley JP, Mirza H (1997) Introduction. In: Buckley JP, Campos J, Mirza H, White E (eds) International technology transfer by small and medium sized enterprises. Macmillan, Houndmills, pp 1-5.
10. Cabagnols A, Le Bas C (2002) Differences in the determinants of product and process innovations: the French case. In: Kleinknecht A, Mohnen P (eds) Innovation and firm performance. Palgrave, London, pp 112-149.
11. Caves DW, Christensen LR, Diewert E (1982) Multilateral comparisons of output, input and productivity using superlative index numbers. Econ J 92: 73-86.
12. Cohen WM, Klepper S (1996) Firm size and the nature of innovation within industries: The case of process and product R&D. Rev Econ Stat 78: 232-243.
13. Cohen WM, Levinthal DA (1989) Innovation and learning: the two faces of R&D. Econ J 99: 569-596.
14. Crépon B, Duguet E, Mairesse J (1998) Research, innovation and productivity: an econometric analysis at the firm level. Econ Innov New Technol 7: 115-158.
15. Dasgupta PS, Stiglitz JE (1980) Industrial structure and the nature of innovative activity. Econ J 90: 266-293.
16. Davidson R, Duclos JY (2000) Statistical inference for stochastic dominance and for the measurement of poverty and inequality. Econometrica 68(6): 1435-1464.
17. Davies S (1979) The diffusion of process innovations. Cambridge University Press, Cambridge.
18. Delgado MJ, Fariñas JC, Ruano S (2002) SMEs' productivity and the export markets. J Int Econ 57: 397-422.
19. Ericson R, Pakes A (1992) An alternative theory of firm and industry dynamics. Cowles Foundation discussion papers 1041. Yale University, New Haven.
20. Ericson R, Pakes A (1995) Markov-perfect industry dynamics: a framework for empirical work. Rev Econ Stud 62: 53-82.
21. González X, Jaumandreu J (1998) Threshold effects in product R&D decisions: theoretical framework and empirical analysis. Studies on the Spanish economy. FEDEA, Madrid.
22. González X, Jaumandreu J, Pazó C (1999) Innovación, costes irrecuperables e incentivos a la I+D. Papeles de Economía Española 81: 155-.
23. Good D, Nadiri IM, Sickles R (1996) Index number and factor demand approaches to the estimation of productivity. NBER working paper 5790.
24. Griffith R, Huergo E, Mairesse J, Peters B (2006) Innovation and productivity across four European countries. Oxf Rev Econ Policy 22(4): 483-498.
25. Griliches Z (1979) Issues in assessing the contribution of R&D to productivity growth. Bell J Econ 10: 92-116.
26. Hall B (1990) The impact of corporate restructuring on industrial R&D. Brookings papers on economic activity: microeconomics, pp 85-124.
27. Hall B (2002) The financing of research and development. Oxf Rev Econ Policy 18(1): 35-51.
28. Handcock MS, Morris M (1999) Relative distribution methods in the social sciences. Springer-Verlag, New York.
29. Heckman J, Ichimura H, Todd P (1997) Matching as an econometric evaluation estimator. Rev Econ Stud 65: 261-294.
30. Huergo E, Jaumandreu J (2004) Firm's age, process innovation and productivity growth. Int J Ind Organ 22: 541-559.
31. Ichino A, Mealli F, Nannicini T (2008) From temporary help jobs to permanent employment: What can we learn from matching estimators and their sensitivity?. J Appl Econ 23(3): 305-327.
32. Klette TJ, Johansen F (1998) Accumulation of R&D capital and dynamic firm performance: a not-so-fixed effect model. Annales d' Economie et de Statistique 49/50: 389-419.
33. Kleinschmidt EJ, Cooper RB (1990) The performance impact of an international orientation on product innovation. Eur J Market 22: 56-71.
34. Kotable M (1990) The relationship between offshore sourcing and innovativeness of US multinational firms: an empirical investigation. J Int Bus Stud 21: 623-638.
35. Kraft K (1990) Are product- and process-innovations independent of each other. Appl Econ 22: 1029-1038.
36. Lee K, Kang SM (2007) Innovation types and productivity growth: evidence from Korean manufacturing SMEs. Global Econ Rev 36: 343-359.
37. Lee C, Sung T (2005) Schumpeter's legacy: a new perspective on the relationship between firm size and R&D. Res Policy 34: 914-931.
38. Leuven E, Sianesi B (2003) PSMATCH2: Stata module to perform full Mahalanobis and propensity score matching, common support graphing, and covariate imbalance testing. Statistical Software Components S43200. Boston College Department of Economics.
39. Love JH, Ashcroft B, Dunlop S (1996) Corporate structure, ownership and the likelihood of innovation. Appl Econ 28: 737-746.
40. Mairesse J, Mohnen P (2005) The importance of R&D for innovation: a reassessment using French survey data. J Technol Transf 30: 183-197.
41. Máñez JA, Rincón A, Rochina ME, Sanchis JA (2005) Productividad e I+D: Un análisis no paramétrico. Revista de Economía Aplicada 39: 47-86.
42. Máñez JA, Rochina-Barrachina ME, Sanchis A, Sanchis JA (2009a) Self-selection into exports: productivity and/or innovation. Appl Econ Q 55(3): 219-241.
43. Máñez JA, Rochina-Barrachina ME, Sanchis A, Sanchis JA (2009b) The role of sunk costs in the decision to invest n R&D. J Indus Econ 57(4): 717-735.
44. Martínez-Ros E (2000) Explaining the decisions to carry out product and process innovations: the Spanish case. J High Technol Manag Res 10(2): 223-.
45. Martínez-Ros E, Labeaga J M (2009) Product and process innovation: persistence and complementarities. Eur Manag Rev 6: 64-75.
46. Nannicini T (2007) Simulation-based sensitivity analysis for matching estimators. Stata J 7(3): 334-350.
47. Pakes A, Ericson R (1998) Empirical implications of alternative models of firm dynamics. J Econ Theory 79: 1-45.
48. Parisi ML, Schiantarelli F, Sembenelli A (2006) Productivity, innovation and R&D: micro evidence for Italy. Eur Econ Rev 50: 2037-2061.
49. Pavitt K, Robson M, Townsend J (1987) The size distribution of innovating firms in the UK: 145-983. J Ind Econ 35: 91-316.
50. Politis DN, Romano JP, Wolf M (1999) Subsampling. Springer-Verlag, New York.
51. Rochina-Barrachina ME, Máñez JA, Sanchis-Llopis JA (2010) Process innovations and firm productivity growth. Small Bus Econ 34(2): 147-166.
52. Romer P (1990) Endogenous technological change. J Political Econ 98(5): 71-102.
53. Rosenbaum PR, Rubin D (1983) The central role of the propensity score in observational studies for causal effects. Biometrika 70: 41-55.
54. Rosenbaum PR, Rubin DB (1985) Constructing a control group using multivariate matched sampling methods that incorporate the propensity score. Am Stat 39(1): 33-38.
55. Scherer FM (1991) Changing perspectives on the firm problem. In: Acs Z, Audretsch D (eds) Innovation and technological change. Harvester Wheatsheaf, New York, pp 24-38.
56. Schmookler J (1966) Invention and economic growth. Harvard University Press, Cambridge.
57. Schumpeter JA (1934) The theory of economic development. Harvard University Press, Cambridge, MA.
58. Schumpeter JA (1942) Capitalism, socialism and democracy. Harper and Row, New York.
59. Sianesi B (2004) An evaluation of the Swedish system of active labor market programs in the 1990s. Rev Econ Stat 86(1): 133-155.
60. Smolny W (1998) Innovations, prices and employment: a theoretical model and an empirical application for West German manufacturing firms. J Ind Econ 3: 359-381.
61. Sutton J (1991) Sunk costs and market structure. MIT Press, Cambridge.