KTH/CESIS Working Paper Series in Economics and Institutions of Innovation
A Comparative Perspective on Innovation and Productivity in Manufacturing and Services
Abstract: This paper serves as another complementary link in a chain
of a rather limited number of investigations in the
R&D-innovation-productivity relationship within service industries.
Innovation has been found to be a major contributor to productivity growth
in manufacturing. In this paper, the importance of innovation is explored
by comparing manufacturing and service firms in a sample of knowledge
intensive industries. In particular we intend to find evidence on the
following two issues. First, is there any evidence that the reported weak
rate of productivity growth in knowledge intensive services can be
explained by a low propensity to be innovative? Second, is it possible that
knowledge intensive service firms are less efficient in deriving benefits
from innovation than knowledge intensive manufacturing firms? Empirical
results based on innovation survey data indicate a surprising similarity in
innovation performance between the two categories of firms.
Keywords: Productivity; Innovation; Manufacturing; Services; Applied Econometrics; (follow links to similar papers)
JEL-Codes: C31; D24; L60; L80; O31; (follow links to similar papers)
28 pages, January 28, 2004
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- This paper is published as:
Lööf, Hans, (2004), A Comparative Perspective on Innovation and Productivity in Manufacturing and Services, Vol. 1, Entreprepeurship, the New Economy and Public Policy, Schumpetrian Perspectives., Springer, ISBN 3-540-22613-3.
Lööf, Hans, (2004), 'A Comparative Perspective on Innovation and Productivity in Manufacturing and Services' in Cantner, Uwe, Elias Dinopoulos and Robert F Lanzillotti (eds.) Entrepreneurship, the New Economy and Public Policy, Scumpeterian Perspectives. Editors Uwe Cantner, Elias Dinopoulos and Robert F. Lanzilotti, chapter 10, pages 181-202, Springer Berlin Heidelberg New York, ISBN 3-540-22613-3.
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