Melbourne Institute Working Paper Series Database (1984 - 2010)

Melbourne Institute Working Paper No. 20/2001

Modelling Firm Innovation Using Panel Probit Estimators

by

Mark N. Harris, Mark Rogers and Anthony Siouclis

Date: December 2001

Abstract: Firm-level innovation is investigated using three probit panel estimators, which control for unobserved heterogeneity, and a standard probit estimator. Results indicate the standard probit model is misspecified and that inter-firm networks are important for innovation.

 

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