The Business of Product Innovation : International Empirical Evidence
It is so widely recognized that innovation is a key driver of economic growth that it is cliché to say so. This article studies product innovation by firms with data from 68 countries, covering more than 25,000 firms in eight manufacturing sectors....
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2012
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okr-10986-40362021-04-23T14:02:14Z The Business of Product Innovation : International Empirical Evidence Lederman, Daniel BUSINESS ACTIVITIES BUSINESS ENVIRONMENT CAPABILITIES CAPACITY UTILIZATION COMPETITORS CONFIDENCE INTERVALS CREATIVE DESTRUCTION DESCRIPTIVE STATISTICS DISCOVERY DIVERSIFICATION DUMMY VARIABLES ECONOMIC ACTIVITIES ECONOMIC DEVELOPMENT ENTERPRISE SURVEYS ENTREPRENEURSHIP EXOGENOUS FACTORS EXPORT SECTOR FACTOR ANALYSIS FINANCIAL SUPPORT FIRM PERFORMANCE FIRM SIZE FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT GLOBAL BUSINESS GLOBALIZATION HYPOTHESES IDEA INCUMBENTS INDIVIDUAL FIRM INITIAL PUBLIC OFFERINGS INNOVATION EFFORTS INNOVATION INDICATORS INNOVATION OUTCOMES INNOVATIONS INNOVATIVE FIRM INNOVATIVE FIRMS INNOVATIVE IDEAS INTEGRATION INTERNATIONAL BUSINESS INTERNATIONAL TRADE INVESTMENTS IN INNOVATION JOINT VENTURES LICENSE LICENSING MANUFACTURING MANUFACTURING INDUSTRIES MANUFACTURING INDUSTRY MARKET COMPETITION MARKET SHARE MATRICES MISSING OBSERVATIONS MISSING VALUES MNC MNE MULTINATIONAL MULTINATIONAL CORPORATIONS MULTINATIONAL ENTERPRISES NEW ENTRANTS NEW IDEAS NEW PRODUCT NEW PRODUCTS ORGANIZATIONAL LEARNING ORGANIZATIONAL STRUCTURE ORGANIZATIONAL STRUCTURES PARENT COMPANIES PERFORMANCES PRECISION PREDICTIONS PRINCIPAL COMPONENTS ANALYSIS PRIVATE SECTOR PROBABILITIES PROBABILITY PROCESS INNOVATION PRODUCT INNOVATION PRODUCT INNOVATIONS PRODUCTIVITIES PRODUCTIVITY PUBLIC POLICY R&D REGULATORY ENVIRONMENT REGULATORY REFORMS REPRESENTATIVE SAMPLES RESULT RESULTS SIZE OF FIRMS STANDARD DEVIATION STANDARD DEVIATIONS STANDARD ERRORS STATISTICAL SIGNIFICANCE TECHNOLOGY DIFFUSION TELEPHONE TELEPHONE LINES USES VALIDITY WEB It is so widely recognized that innovation is a key driver of economic growth that it is cliché to say so. This article studies product innovation by firms with data from 68 countries, covering more than 25,000 firms in eight manufacturing sectors. The author assesses the predictions of inter-disciplinary research on innovation by firms. The econometric evidence suggests that globalization and local knowledge increase the likelihood that firms will introduce new products. By contrast, domestic regulatory impediments to competition are not robustly correlated with product innovation. 2012-03-19T19:08:49Z 2012-03-19T19:08:49Z 2009-02-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090219155716 http://hdl.handle.net/10986/4036 English Policy Research working paper ; no. WPS 4840 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper The World Region |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
BUSINESS ACTIVITIES BUSINESS ENVIRONMENT CAPABILITIES CAPACITY UTILIZATION COMPETITORS CONFIDENCE INTERVALS CREATIVE DESTRUCTION DESCRIPTIVE STATISTICS DISCOVERY DIVERSIFICATION DUMMY VARIABLES ECONOMIC ACTIVITIES ECONOMIC DEVELOPMENT ENTERPRISE SURVEYS ENTREPRENEURSHIP EXOGENOUS FACTORS EXPORT SECTOR FACTOR ANALYSIS FINANCIAL SUPPORT FIRM PERFORMANCE FIRM SIZE FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT GLOBAL BUSINESS GLOBALIZATION HYPOTHESES IDEA INCUMBENTS INDIVIDUAL FIRM INITIAL PUBLIC OFFERINGS INNOVATION EFFORTS INNOVATION INDICATORS INNOVATION OUTCOMES INNOVATIONS INNOVATIVE FIRM INNOVATIVE FIRMS INNOVATIVE IDEAS INTEGRATION INTERNATIONAL BUSINESS INTERNATIONAL TRADE INVESTMENTS IN INNOVATION JOINT VENTURES LICENSE LICENSING MANUFACTURING MANUFACTURING INDUSTRIES MANUFACTURING INDUSTRY MARKET COMPETITION MARKET SHARE MATRICES MISSING OBSERVATIONS MISSING VALUES MNC MNE MULTINATIONAL MULTINATIONAL CORPORATIONS MULTINATIONAL ENTERPRISES NEW ENTRANTS NEW IDEAS NEW PRODUCT NEW PRODUCTS ORGANIZATIONAL LEARNING ORGANIZATIONAL STRUCTURE ORGANIZATIONAL STRUCTURES PARENT COMPANIES PERFORMANCES PRECISION PREDICTIONS PRINCIPAL COMPONENTS ANALYSIS PRIVATE SECTOR PROBABILITIES PROBABILITY PROCESS INNOVATION PRODUCT INNOVATION PRODUCT INNOVATIONS PRODUCTIVITIES PRODUCTIVITY PUBLIC POLICY R&D REGULATORY ENVIRONMENT REGULATORY REFORMS REPRESENTATIVE SAMPLES RESULT RESULTS SIZE OF FIRMS STANDARD DEVIATION STANDARD DEVIATIONS STANDARD ERRORS STATISTICAL SIGNIFICANCE TECHNOLOGY DIFFUSION TELEPHONE TELEPHONE LINES USES VALIDITY WEB |
spellingShingle |
BUSINESS ACTIVITIES BUSINESS ENVIRONMENT CAPABILITIES CAPACITY UTILIZATION COMPETITORS CONFIDENCE INTERVALS CREATIVE DESTRUCTION DESCRIPTIVE STATISTICS DISCOVERY DIVERSIFICATION DUMMY VARIABLES ECONOMIC ACTIVITIES ECONOMIC DEVELOPMENT ENTERPRISE SURVEYS ENTREPRENEURSHIP EXOGENOUS FACTORS EXPORT SECTOR FACTOR ANALYSIS FINANCIAL SUPPORT FIRM PERFORMANCE FIRM SIZE FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT GLOBAL BUSINESS GLOBALIZATION HYPOTHESES IDEA INCUMBENTS INDIVIDUAL FIRM INITIAL PUBLIC OFFERINGS INNOVATION EFFORTS INNOVATION INDICATORS INNOVATION OUTCOMES INNOVATIONS INNOVATIVE FIRM INNOVATIVE FIRMS INNOVATIVE IDEAS INTEGRATION INTERNATIONAL BUSINESS INTERNATIONAL TRADE INVESTMENTS IN INNOVATION JOINT VENTURES LICENSE LICENSING MANUFACTURING MANUFACTURING INDUSTRIES MANUFACTURING INDUSTRY MARKET COMPETITION MARKET SHARE MATRICES MISSING OBSERVATIONS MISSING VALUES MNC MNE MULTINATIONAL MULTINATIONAL CORPORATIONS MULTINATIONAL ENTERPRISES NEW ENTRANTS NEW IDEAS NEW PRODUCT NEW PRODUCTS ORGANIZATIONAL LEARNING ORGANIZATIONAL STRUCTURE ORGANIZATIONAL STRUCTURES PARENT COMPANIES PERFORMANCES PRECISION PREDICTIONS PRINCIPAL COMPONENTS ANALYSIS PRIVATE SECTOR PROBABILITIES PROBABILITY PROCESS INNOVATION PRODUCT INNOVATION PRODUCT INNOVATIONS PRODUCTIVITIES PRODUCTIVITY PUBLIC POLICY R&D REGULATORY ENVIRONMENT REGULATORY REFORMS REPRESENTATIVE SAMPLES RESULT RESULTS SIZE OF FIRMS STANDARD DEVIATION STANDARD DEVIATIONS STANDARD ERRORS STATISTICAL SIGNIFICANCE TECHNOLOGY DIFFUSION TELEPHONE TELEPHONE LINES USES VALIDITY WEB Lederman, Daniel The Business of Product Innovation : International Empirical Evidence |
geographic_facet |
The World Region |
relation |
Policy Research working paper ; no. WPS 4840 |
description |
It is so widely recognized that
innovation is a key driver of economic growth that it is
cliché to say so. This article studies product innovation by
firms with data from 68 countries, covering more than 25,000
firms in eight manufacturing sectors. The author assesses
the predictions of inter-disciplinary research on innovation
by firms. The econometric evidence suggests that
globalization and local knowledge increase the likelihood
that firms will introduce new products. By contrast,
domestic regulatory impediments to competition are not
robustly correlated with product innovation. |
format |
Publications & Research :: Policy Research Working Paper |
author |
Lederman, Daniel |
author_facet |
Lederman, Daniel |
author_sort |
Lederman, Daniel |
title |
The Business of Product Innovation : International Empirical Evidence |
title_short |
The Business of Product Innovation : International Empirical Evidence |
title_full |
The Business of Product Innovation : International Empirical Evidence |
title_fullStr |
The Business of Product Innovation : International Empirical Evidence |
title_full_unstemmed |
The Business of Product Innovation : International Empirical Evidence |
title_sort |
business of product innovation : international empirical evidence |
publishDate |
2012 |
url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20090219155716 http://hdl.handle.net/10986/4036 |
_version_ |
1764389614505689088 |