{"title":"IS THERE A COMPLEMENTARY RELATIONSHIP BETWEEN PRODUCT AND PROCESS INNOVATION ON PRODUCTIVITY IN TAIWANESE MANUFACTURING FIRMS","authors":"Chia-Ling Lin, Hui-Lin Lin, Eric S. Lin","doi":"10.15057/28221","DOIUrl":null,"url":null,"abstract":"As a newly-industrialized country, Taiwan has gone through a vast industrial transformation. To reflect the impacts of innovation on firms' performance, we adopt a modified CDM (Crepon et al., 1998) model and focus on the innovation activities of Taiwanese manufacturing firms, especially on the comparison between OEM and non-OEM. Two data sources are uniquely compiled; one is the TTIS-II, and the other is the ICSC. Our findings suggest that considering the whole sample, only process innovation will improve both TFP growth and labor productivity growth. However, there exists a complementary relationship between product and process innovation on productivity among OEM.","PeriodicalId":43705,"journal":{"name":"Hitotsubashi Journal of Economics","volume":"57 1","pages":"139-173"},"PeriodicalIF":0.2000,"publicationDate":"2016-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"4","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Hitotsubashi Journal of Economics","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.15057/28221","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 4
Abstract
As a newly-industrialized country, Taiwan has gone through a vast industrial transformation. To reflect the impacts of innovation on firms' performance, we adopt a modified CDM (Crepon et al., 1998) model and focus on the innovation activities of Taiwanese manufacturing firms, especially on the comparison between OEM and non-OEM. Two data sources are uniquely compiled; one is the TTIS-II, and the other is the ICSC. Our findings suggest that considering the whole sample, only process innovation will improve both TFP growth and labor productivity growth. However, there exists a complementary relationship between product and process innovation on productivity among OEM.
台湾作为一个新兴工业化国家，经历了巨大的产业转型。为了反映创新对企业绩效的影响，我们采用修正的CDM模型(Crepon et al.， 1998)，并聚焦台湾制造企业的创新活动，特别是OEM与非OEM的比较。两个数据源是唯一编译的;一个是TTIS-II，另一个是公务员制度委员会。我们的研究结果表明，考虑到整个样本，只有工艺创新才能促进全要素生产率增长和劳动生产率增长。但在OEM中，产品创新与工艺创新对生产率的影响存在互补关系。
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