Research, Innovation, and Productivity: An Econometric Analysis at the Firm Level

The innovation decision: An economic analysis

“…Crépon et al, 1998;Heshmati 2001, 2002;Klomp and Van Leeuwen, 2001). Although such research is increasingly sophisticated in terms of econometrics, there is rarely any explicit consideration given to the nature of the innovation decision itself.…”

“…This is most evident in the recent empirical literature examining the 'knowledge production function', which invariably either ignores process innovation or treats it as a subsidiary issue with no explicit consideration of how firms make the relevant decisions (e.g. Crépon et al, 1998;Heshmati 2001, 2002;Klomp and Van Leeuwen, 2001).…”

Innovation and productivity in formal and informal firms in Ghana

“…The richness of data on innovation in emerging and developed countries has allowed researchers to implement an econometric approach, such as the widely used Crépon-DuguetMairesse (CDM) structural model (Crepon et al, 1998), in which firm performance are a function of product and/or process innovation, which in turn are explained by R&D and other innovation expenditures. In the context of developing income countries, the lack of data at longitudinal level and the fact that for the vast majority of firms R&D activities are only a marginal determinant in innovation activities have posed several challenges in modelling innovation and growth.…”

The adoption of green energy technologies: The role of policies in Austria, Germany, and Switzerland

“…Applying a structural model in the spirit of the CDM (Crepon, Mairessec, and Duguet 1998) model, they found that levies and regulation are positively correlated with environmentally friendly investments in process innovation (0/1 decision). However, due to the dependent variable (eco investments 0/1) it was not possible to insert subsidies in the adoption equation, which might drive the observed effects of the other policy variables (levies, regulation).…”

“…van Leeuwen and Mohen (2017) could use a comprehensive Dutch data set (see above) and they did not only investigate the 0/1 choice for process-integrated, environmentally friendly investments, they also investigated the policy effects on the investment intensity using the Crepon, Duguet, and Mairessec (1998) framework. The 0/1 choice and the intensity effects have been estimated simultaneously taking into account potential selection issues.…”