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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Main Author: Lederman, Daniel
Format: Policy Research Working Paper
Language:English
Published: 2012
Subjects:
MNC
MNE
R&D
WEB
Online Access: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
id okr-10986-4036
recordtype oai_dc
spelling 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