Innovation

Technological Regimes, Schumpeterian Patterns Of Innovation And Firm Level Productivity Growth

Date Added: Dec 2010
Format: PDF

The paper investigates the relationships between technological regimes and firm-level productivity performance, and it explores how such a relationship differs in different Schumpeterian patterns of innovation. The analysis makes use of a rich dataset containing data on innovation and other economic characteristics of a large representative sample of Norwegian firms in manufacturing and service industries for the period 1998-2004. First, the authors decompose TFP growth into technical progress and efficiency changes by means of data envelopment analysis. They then estimate an empirical model that relates these two productivity components to the characteristics of technological regimes and a set of other firm-specific factors.