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Characteristics of product and process innovators: some evidence from the Finnish innovation survey

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  • Petri Rouvinen

Abstract

The characteristics of product and process innovators among Finnish manufacturing firms with Community Innovation Survey (CIS) data are studied. Results of bivariate probit estimations suggest that, while the product and process innovations are related, they are largely driven by different factors. The ability to benefit from inward spillovers is the only variable having a symmetric effect onboth types of innovation. Cooperation with non-academic outside partners is the only other variable that becomes significant in both equations. Process innovations benefit from capital embodied technology, whereas product innovations require disembodied forms of technology.

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  • Petri Rouvinen, 2002. "Characteristics of product and process innovators: some evidence from the Finnish innovation survey," Applied Economics Letters, Taylor & Francis Journals, vol. 9(9), pages 575-580.
    • Handle: RePEc:taf:apeclt:v:9:y:2002:i:9:p:575-580
    DOI: 10.1080/13504850110108102
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    1. Rinaldo Evangelista, 1999. "Knowledge and Investment," Books, Edward Elgar Publishing, number 1402.
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