Exploring the link between innovation and growth in Chilean firms

被引：27
|
作者：
Santi, Caterina [1 ]
Santoleri, Pietro [1 ]
机构：
[1] Scuola Super Sant Anna, Piazza Martiri Liberta 33, I-56127 Pisa, Italy
来源：
SMALL BUSINESS ECONOMICS | 2017年 / 49卷 / 02期
关键词：
Innovation; Firm growth; Chile; Firm age; Quantile treatment effects; RESEARCH-AND-DEVELOPMENT; DEVELOPING-COUNTRIES; QUANTILE REGRESSION; LEVEL EVIDENCE; PRODUCTIVITY; PERFORMANCE; EVOLUTION; SELECTION; DISTANCE; BEHAVIOR;
D O I：
10.1007/s11187-016-9836-4
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We investigate the relation between the introduction of innovation and subsequent firm growth employing a dataset representative of the Chilean productive structure. By means of quantile treatment effects (QTE), we estimate the effect of the introduction of innovation by comparing firms with a similar propensity to innovate for different quantiles of the firm growth distribution. Our results indicate that process innovation positively affects sales growth for those firms located at the 75th and 90th percentiles. Contrarily, product innovation appears not to be a driver of firm performance. We also find that process innovation benefits mature firms at higher quantiles while it positively affects young firms located at low-medium quantiles.
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页码：445 / 467
页数：23
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