Innovative Events
Research output: Working paper
Authors
Colleges, School and Institutes
External organisations
- University of Milan
Abstract
We take a fresh look at firms’ innovation-productivity linkages, using novel data capturing new aspects of innovative activity. We combine UK administrative microdata, media and website content to develop experimental metrics – new product/service launches – for a large panel of SMEs. Extensive validation and descriptive exercises show that launches complement patents, trademarks and innovation surveys. We also establish connections between launches and previous innovative activity. We then link IP, launches and productivity, controlling for media exposure and firm heterogeneity. Launch activity is associated with higher SME productivity, especially in the service sector. High-quality launches and medium-size firms help drive this result.
Details
| Original language | English |
|---|---|
| Place of Publication | London |
| Publisher | Centre for Economic Performance |
| Number of pages | 79 |
| Publication status | Published - 1 Mar 2019 |
Publication series
| Name | CEP Discussion Paper Series |
|---|---|
| No. | 1607 |
| ISSN (Electronic) | 2042-2695 |
Keywords
- innovation, productivity, ICT, data science