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The impact of investment in innovation on productivity: firm level evidence from Ireland. ESRI WP571, September 2017

Di Ubaldo, Mattia and Siedschlag, Iulia (2017) The impact of investment in innovation on productivity: firm level evidence from Ireland. ESRI WP571, September 2017. [Working Paper]

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    Abstract

    This paper examines the relationship between investment in innovation and productivity across firms in Ireland. We estimate a structural model using information from three linked micro data sets over the period 2005-2012 and identify the relationships between investment in innovation, innovation outputs and productivity. Our results indicate that innovation is positively linked to productivity. This result holds for all types of innovation and for both R&D and non-R&D expenditures. The innovation-related productivity gains range from 16.2 per cent to 35.4 per cent. The strongest link between innovation and productivity is found for firms with R&D spending and with product innovation.

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    Item Type: Working Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > innovation policy
    Countries > Ireland
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Economic and Social Research Institute (ESRI), Dublin > ESRI Working Papers
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 29 Dec 2019 18:24
    Number of Pages: 27
    Last Modified: 29 Dec 2019 18:24
    URI: http://aei.pitt.edu/id/eprint/102184

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