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ICT, R&D and Organizational Innovation: Exploring Complementarities in Investment and Production / Pierre Mohnen, Michael Polder, George van Leeuwen.
- Format:
- Book
- Author/Creator:
- Mohnen, Pierre.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w25044.
- NBER working paper series no. w25044
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- ICT, R&D and Organizational Innovation
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2018.
- Summary:
- This paper examines whether there are complementarities between investments in ICT, R&D and organizational innovation, and the effects of different investment profiles on total factor productivity growth on Dutch firm-level data. We estimate an integrated model of investment profile adoption and total factor productivity growth. We find that the three investment decisions are complementary, in the sense that investing in one increases the probability of investing in another one because joint investments lead to higher TFP growth than individual investments. ICT earns on average an expected rate of return of 9.7%, followed by 6% to 7% on organizational innovation and a modest 1.4% to 1.8% on R&D in services and manufacturing respectively.
- Notes:
- Print version record
- September 2018.
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