dc.creatorBenavente, Jose Miguel
dc.date.accessioned2018-04-26T21:02:49Z
dc.date.available2018-04-26T21:02:49Z
dc.date.created2018-04-26T21:02:49Z
dc.date.issued2006
dc.identifierEconomics of Innovation and New Technology, vol. 15(4-5), pages 301-315
dc.identifier1476-8364
dc.identifierDOI: 10.1080/10438590500512794
dc.identifierhttps://repositorio.uchile.cl/handle/2250/147423
dc.description.abstractThis paper continues the empirical research line started by Crepon et al. (Crepon, B., Duguet, E. and Mairesse, J. (1998) Research, Innovation, and Productivity: An Econometric Analysis at the Firm Level. Economics of Innovation and New Technology, 7(2), 115-158.) about the impact of research and development on innovation and innovation on productivity of firms. In this paper, we estimate a structural model using asymptotic least squares, which corrects for selectivity and simultaneity biases taking into consideration the particular characteristics of the available data. We find that most of the Schumpeterian hypotheses are confirmed: research and innovative activities are related with firm size and market power. However, in the case of Chile, firms' productivity is not affected by innovative results, nor by research expenditures in the short run.
dc.languageen
dc.publisherTaylor and Francis
dc.rightshttp://creativecommons.org/licenses/by-nc-nd/3.0/cl/
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 Chile
dc.sourceEconomics of Innovation and New Technology
dc.subjectR&D
dc.subjectinnovation
dc.subjectproductivity
dc.subjectAsymptotic Least Squares
dc.subjectstructural estimation and censored data
dc.titleThe Role of Research and Innovation in Promoting Productivity in Chile
dc.typeArtículo de revista


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