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Full-Text Articles in Technology and Innovation
Demand And Innovation In Productivity Growth, Mario Pianta, Francesco Crespi
Demand And Innovation In Productivity Growth, Mario Pianta, Francesco Crespi
Mario Pianta
The labour productivity impact of demand and innovation is investigated in this paper combining insights from the Kaldorian and Schumpeterian traditions. After a review of studies in such traditions, a general model is proposed for explaining productivity growth in European manufacturing and service industries in the late 1990s, followed by two distinct specifications for the industries oriented toward product innovation, and for those where process innovation dominates. The empirical analysis is based on the match of the SIEPI-CIS2 database developed at the University of Urbino and Eurostat Input–Output Tables at the industry level, for 22 manufacturing sectors and 10 services …
Diversity In Innovation And Productivity In Europe, Mario Pianta, Francesco Crespi
Diversity In Innovation And Productivity In Europe, Mario Pianta, Francesco Crespi
Mario Pianta
The diversity in innovation patterns across manufacturing and service industries and in their outcomes in terms of hourly labor productivity are investigated in this article considering six European countries. The Schumpeterian insights into the variety of innovation are developed in this work by identifying different innovation–performance relationships for industries and countries, relying either on the dominant role of product innovation, or on the diffusion of process improvements. Moreover, the “push” effect of innovation is combined with the “pull” effect of demand, by considering the impact of the dynamics of consumption and investment at the sectoral level. The results point out …