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http://hdl.handle.net/10419/24642
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| Title: | | Does Experience Matter? Innovations and the Productivity of ICT in German Services  |
| Authors: | | Hempell, Thomas |
| Issue Date: | | 2002 |
| Series/Report no.: | | ZEW Discussion Papers 02-43 |
| Abstract: | | In this paper, it is argued that ICT investment is closely linked with complementary innovations and most productive in firms with innovative experience. In an analysis based on firm?level panel data covering the period 1994?99, system GMM estimates for an extended production function framework reveal significant productivity effects of ICT in the German service sector. Moreover, there is strong support for the hypothesis that the experience gained from past process innovations is a specific feature that makes ICT investment more productive. The results suggest that ICT may have been contributing to productivity differentials between firms. |
| Subjects: | | Productivity Information and Communication Technologies Innovation Services Panel Data |
| JEL: | | C23 D24 L80 O32 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Publikationen von Forscherinnen und Forschern des ZEW ZEW Discussion Papers
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