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Innovative events

Nathan, Max and Rosso, Anna (2019) Innovative events. CEP Discussion Papers (1607). Centre for Economic Performance, LSE, London, UK.

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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.

Item Type: Monograph (Discussion Paper)
Official URL:
Additional Information: © 2019 The Authors
Divisions: Spatial Economics Research Centre
Subjects: T Technology > T Technology (General) > T201 Patents. Trademarks
H Social Sciences > HB Economic Theory
Q Science > QA Mathematics > QA76 Computer software
JEL classification: L - Industrial Organization > L8 - Industry Studies: Services > L86 - Information and Internet Services; Computer Software
Date Deposited: 26 Nov 2019 10:57
Last Modified: 13 Dec 2020 00:57

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