Innovation and the performance of New Zealand firms
23 November 2017Download [1.2 MB PDF]
This paper looks at the impact of innovation on the performance of New Zealand firms. Results show that innovating firms grew more quickly than non-innovators but did not experience improved productivity outcomes. However, digging into the relationship between innovation and firm performacne reveals that firms in the manufacturing sector improved their productivity performance as a result of innovation. Firms that were younger or had access to international markets also tended to experience highter productivity growth following some types of innovation.
JEL Codes O30, O31