Resource title

Persistence of innovation in Dutch manufacturing : is it spurious?

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Resource description

This paper studies the persistence of innovation and the dynamics of innovation output in Dutch manufacturing using firm data from three waves of the Community Innovation Surveys (CIS), pertaining to the periods 1994-1996, 1996-1998, and 1998-2000. We estimate by maximum likelihood a dynamic panel data type 2 tobit model accounting for individual effects and handling the initial conditions problem. We find that there is no evidence of true persistence in achieving technological product or process innovations, while past shares of innovative sales condition, albeit to a small extent, current shares of innovative sales.

Resource author

Wladimir Raymond, Pierre A. Mohnen, Franz Palm, Sybrand Schim van der Loeff

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Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/19145

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Adapt according to the presented license agreement and reference the original author.