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This paper studies the relationship between product- and process-innovation. After discussing the determinants of product- and process-innovation, a simultaneous equation model is estimated. A positive impact of product-innovation on process-innovation can be proved, but no evidence for a reverse effect to the respect to the inclusion of product-innovation.
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Kornelius Kraft (Wed,) studied this question.
synapsesocial.com/papers/6a16cf230f965e9c137ba1d5 — DOI: https://doi.org/10.1080/00036849000000132
Kornelius Kraft
Centre for European Economic Research
Applied Economics
University of Kassel
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