Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/227181 
Year of Publication: 
2020
Series/Report no.: 
IZA Discussion Papers No. 13654
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
We review the theoretical underpinnings and the empirical findings of the literature that investigates the effects of innovation on firm survival and firm productivity, which constitute the two main channels through which innovation drives growth. We aim to contribute to the ongoing debate along three paths. First, we discuss the extent to which the theoretical perspectives that inform the empirical models allow for heterogeneity in the effects of R&D/innovation on firm survival and productivity. Secondly, we draw attention to recent modeling and estimation effort that reveals novel sources of heterogeneity, non-linearity and volatility in the gains from R&D/innovation, particularly in terms of its effects on firm survival and productivity. Our third contribution is to link our findings with those from prior reviews to demonstrate how the state of the art is evolving and with what implications for future research.
Subjects: 
innovation
R&D
survival
productivity
JEL: 
O30
O33
Document Type: 
Working Paper

Files in This Item:
File
Size
648.39 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.