English, Article, Journal or magazine article edition: Doing R&D and Importing Technology : an Empirical Investigation on TaiwanÕs manufacturing firms Chia Lin, CHANG; Stephane, ROBIN

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Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Doing R&​D and Importing Technology : an Empirical Investigation on TaiwanÕs manufacturing firms
Author
  • Chia Lin, CHANG
  • Stephane, ROBIN
Physical Description
  • preprint
Notes
  • The objective of this paper is to identify the determinants of the decision to innovate in Taiwan. Three Òinnovation strategiesÓ are considered : doing R&​D only, importing technology only, and combining both. We estimate a Bivariate Probit on a panel of more than 27000 Taiwanese manufacturing firms observed from 1992 to 1995. Results suggest that the decision to R&​D over the period was influenced by the prior changes in exportations at the industry level, whereas the decision to import technology is affected by the current changes. We identify a non-linear relationship between firm size and innovation. Moreover, older firms tend to innovate less, whereas market structure doesnÕt affect the decision to innovate. These two results change when only high-tech industries are considered : the effect of firmÕs age becomes insignificant, whereas a more concentrated market structure is shown to increase the probability to innovate.
  • R&​D;importation of technology;market structure;technological opportunities;high-tech industries;panel data;bivariate Probit.
  • RePEc:ctl:louvir:2004006
Language
  • English
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