On Firm Growth And Innovation. Some New Empirical Perspectives Using French CIS (1992-2004)
In the paper, the authors wish to examine if the firms that innovate know a higher growth than the firm that do not. They use diverse waves of CIS for the French industries over the period 1992- 2004 and carry out different models and new econometric methods (quantile regression). The main findings are that innovative firms produce more growth than non innovative firms. The estimates show that the results are robust to the different types of models that they have implemented. Process innovators are more productive in terms of growth than product innovators when OLS and Random effects models are used.