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Innovation Height and Firm Performance:Using Innovation Survey from Japan

Author

Listed:
  • Daiya Isogawa

    (Faculty of Economics, The University of Tokyo)

  • Kohei Nishikawa

    (Faculty of Economics, Setsunan University)

  • Hiroshi Ohashi

    (Faculty of Economics, The University of Tokyo)

Abstract

This study evaluates the economic impact of product innovation by using firm-level data obtained from the Community Innovation Survey conducted in Japan. It accounts for possible technological spillovers from innovation activities, and examines the extent to which new-to-market product innovation contributes to firm performance. Casual observations on the data reveal that new-to-market product innovation is likely to (1) contribute higher sales for the firm with less cannibalization with existing products; (2) generate higher degree of technological spillovers to other innovations; and (3) be brought by those firms that corroborate with universities and other academic institutions. An econometric analysis on simultaneous equations confirms these observations. Policy implications are also discussed. --

Suggested Citation

  • Daiya Isogawa & Kohei Nishikawa & Hiroshi Ohashi, 2015. "Innovation Height and Firm Performance:Using Innovation Survey from Japan," CIRJE F-Series CIRJE-F-956, CIRJE, Faculty of Economics, University of Tokyo.
    • Handle: RePEc:tky:fseres:2015cf956
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    References listed on IDEAS

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