Evaluating the Effects of Product Innovation on the Performance of European Firms by Using the Generalised Propensity Score
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Ida D’Attoma
Abstract
The relationship between product innovation intensities and the performance of European firms is assessed, assuming that the selection into different intensities is based on a set of observed covariates. Most studies only distinguish between the innovating and non-innovating status of firms within a binary treatment framework. Instead, we use a generalised propensity score to estimate a dose-response function, which connects the product innovation intensities of the firms to their labour productivity and profitability growth rates, as measures of performance. The results indicate that high levels of product innovation intensity have significant positive effects on the profitability rate, whilst no significant effects are found on productivity rate.
© 2019 by Walter de Gruyter Berlin/Boston
Articles in the same Issue
- Issue Information
- Parental Background Matters: Intergenerational Mobility and Assimilation of Italian Immigrants in Germany
- Growth-Friendly Tax Structures: An Indicator-Based Approach
- Does Intelligence Affect Economic Diversification?
- Evaluating the Effects of Product Innovation on the Performance of European Firms by Using the Generalised Propensity Score
- Advertising and Competition for Market Share between a New Good Producer and a Remanufacturer
Articles in the same Issue
- Issue Information
- Parental Background Matters: Intergenerational Mobility and Assimilation of Italian Immigrants in Germany
- Growth-Friendly Tax Structures: An Indicator-Based Approach
- Does Intelligence Affect Economic Diversification?
- Evaluating the Effects of Product Innovation on the Performance of European Firms by Using the Generalised Propensity Score
- Advertising and Competition for Market Share between a New Good Producer and a Remanufacturer
