Innovation and the performance of New Zealand firms

Authors

Paul Conway

Simon Wakeman

Date published

23 November 2017

Download [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

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