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The impact of innovation on economic performance in services ?

Author

Listed:
  • Giulio Cainelli

    (UNIBA - Università degli studi di Bari Aldo Moro = University of Bari Aldo Moro, ISPRI - Institut)

  • Rinaldo Evangelista

    (ISPRI - Institut, UNICAM - Università degli Studi di Camerino = University of Camerino)

  • Maria Savona

    (BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique, SUSSEX ENERGY GROUP SPRU BRIGHTON GBR - Partenaires IRSTEA - IRSTEA - Institut national de recherche en sciences et technologies pour l'environnement et l'agriculture, UNICAM - Università degli Studi di Camerino = University of Camerino)

Abstract

This article empirically explores the relationship between innovation and economic performance in services at the firm level. The empirical analysis is based on a unique longitudinal firm-level data set, which matches the Italian Community Innovation Survey (CIS II) data (1993–1995) and a set of economic indicators provided by the Italian System of Enterprise Account (1993–1998). In particular the empirical analysis aims at assessing whether the presence of innovation and the amount of resources devoted to innovation are able to explain the economic performance of firms in the service sector. The results presented show that innovating firms out perform non-innovating firms in terms of productivity levels and economic growth. Productivity is also found to be linked to the amount of innovation expenditures, especially those devoted to the acquisition and internal development of new software.

Suggested Citation

  • Giulio Cainelli & Rinaldo Evangelista & Maria Savona, 2004. "The impact of innovation on economic performance in services ?," Post-Print hal-00278629, HAL.
    • Handle: RePEc:hal:journl:hal-00278629
    DOI: 10.1080/02642060412331301162
    as

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    Keywords

    Innovation; Economic performance;

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