The Returns to Innovation in East Asia : The Role of the Business Environment and Firms' Characteristics

The paper studies the relationship between innovation efforts, innovation outputs, and productivity, using firm-level data from six East Asian countries. Firms are more likely to invest in innovation when they use technology licensed by a foreign c...

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Main Authors:	de Nicola, Francesca, Chen, Pinyi
Format:	Working Paper
Language:	English
Published:	World Bank, Washington, DC 2022
Subjects:	INNOVATION BUSINESS ENVIRONMENT PRODUCT INNOVATION PROCESS INNOVATION PRODUCTIVITY
Online Access:	http://documents.worldbank.org/curated/en/468001643741203507/The-Returns-to-Innovation-in-East-Asia-The-Role-of-the-Business-Environment-and-Firms-Characteristics http://hdl.handle.net/10986/36922

id	okr-10986-36922
recordtype	oai_dc
spelling	okr-10986-369222022-02-04T05:10:39Z The Returns to Innovation in East Asia : The Role of the Business Environment and Firms' Characteristics de Nicola, Francesca Chen, Pinyi INNOVATION BUSINESS ENVIRONMENT PRODUCT INNOVATION PROCESS INNOVATION PRODUCTIVITY The paper studies the relationship between innovation efforts, innovation outputs, and productivity, using firm-level data from six East Asian countries. Firms are more likely to invest in innovation when they use technology licensed by a foreign company, are part of a large group, and have a more educated workforce. Investment in research and development can significantly boost both product and process innovation. Product innovation yields significant productivity gains. However, productivity gains from process innovation are not detectable in the sample. 2022-02-03T15:37:28Z 2022-02-03T15:37:28Z 2022-02 Working Paper http://documents.worldbank.org/curated/en/468001643741203507/The-Returns-to-Innovation-in-East-Asia-The-Role-of-the-Business-Environment-and-Firms-Characteristics http://hdl.handle.net/10986/36922 English Policy Research Working Paper;No. 9921 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper East Asia and Pacific East Asia
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English
topic	INNOVATION BUSINESS ENVIRONMENT PRODUCT INNOVATION PROCESS INNOVATION PRODUCTIVITY
spellingShingle	INNOVATION BUSINESS ENVIRONMENT PRODUCT INNOVATION PROCESS INNOVATION PRODUCTIVITY de Nicola, Francesca Chen, Pinyi The Returns to Innovation in East Asia : The Role of the Business Environment and Firms' Characteristics
geographic_facet	East Asia and Pacific East Asia
relation	Policy Research Working Paper;No. 9921
description	The paper studies the relationship between innovation efforts, innovation outputs, and productivity, using firm-level data from six East Asian countries. Firms are more likely to invest in innovation when they use technology licensed by a foreign company, are part of a large group, and have a more educated workforce. Investment in research and development can significantly boost both product and process innovation. Product innovation yields significant productivity gains. However, productivity gains from process innovation are not detectable in the sample.
format	Working Paper
author	de Nicola, Francesca Chen, Pinyi
author_facet	de Nicola, Francesca Chen, Pinyi
author_sort	de Nicola, Francesca
title	The Returns to Innovation in East Asia : The Role of the Business Environment and Firms' Characteristics
title_short	The Returns to Innovation in East Asia : The Role of the Business Environment and Firms' Characteristics
title_full	The Returns to Innovation in East Asia : The Role of the Business Environment and Firms' Characteristics
title_fullStr	The Returns to Innovation in East Asia : The Role of the Business Environment and Firms' Characteristics
title_full_unstemmed	The Returns to Innovation in East Asia : The Role of the Business Environment and Firms' Characteristics
title_sort	returns to innovation in east asia : the role of the business environment and firms' characteristics
publisher	World Bank, Washington, DC
publishDate	2022
url	http://documents.worldbank.org/curated/en/468001643741203507/The-Returns-to-Innovation-in-East-Asia-The-Role-of-the-Business-Environment-and-Firms-Characteristics http://hdl.handle.net/10986/36922
_version_	1764486170421493760

The Returns to Innovation in East Asia : The Role of the Business Environment and Firms' Characteristics

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