Nathan, M;
Rosso, A;
(2019)
Innovative Events.
(CEP Discussion Paper
1607).
Centre for Economic Performance, the London School of Economics and Political Science (LSE): London, UK.
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Abstract
We take a fresh look at firms' innovation-productivity linkages, using novel data capturing new aspects of innovative activity. We combine UK administrative microdata, media and website content to develop experimental metrics – new product/service launches – for a large panel of SMEs. Extensive validation and descriptive exercises show that launches complement patents, trademarks and innovation surveys. We also establish connections between launches and previous innovative activity. We then link IP, launches and productivity, controlling for media exposure and firm heterogeneity. Launch activity is associated with higher SME productivity, especially in the service sector. High-quality launches and medium-size firms help drive this result.
| Type: | Working / discussion paper |
|---|---|
| Title: | Innovative Events |
| Open access status: | An open access version is available from UCL Discovery |
| Publisher version: | https://cep.lse.ac.uk/_new/publications/abstract.a... |
| Language: | English |
| Additional information: | This version is the version of record. For information on re-use, please refer to the publisher’s terms and conditions. |
| Keywords: | data science, innovation, productivity |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > Centre for Advanced Spatial Analysis |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10084213 |
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