Firm productivity, innovation and financial development /

Firm productivity, innovation and financial development /

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Bibliographic Details
Author / Creator:	Dabla-Norris, Era, author.
Imprint:	[Washington, D.C.] : International Monetary Fund, ©2010.
Description:	1 online resource (35 pages)
Language:	English
Series:	IMF working paper ; WP/10/49 IMF working paper ; WP/10/49.
Subject:	Technological innovations. Technological innovations -- Finance. Industrial productivity. Industrial productivity. Technological innovations. Technological innovations -- Finance. Electronic books.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12503364

Hidden Bibliographic Details
Other authors / contributors:	Kersting, Erasmus, author. Verdier, Geneviève, 1973- author. International Monetary Fund. Strategy, Policy, and Review Department, issuing body. International Monetary Fund. African Department, issuing body.
ISBN:	1283567768 9781283567763 9781452748030 1452748039
Notes:	"February 2010." At head of title: Strategy, Policy and Review and African Departments. Includes bibliographical references (pages 18-20). Restrictions unspecified Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2014. Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 digitized 2014 HathiTrust Digital Library committed to preserve Print version record.
Summary:	How do firm-specific actions-in particular, innovation-affect firm productivity? And what is the role of the financial sector in facilitating higher productivity? Using a rich firm-level dataset, we find that innovation is crucial for firm performance as it directly and measurably increases productivity. Moreover, its effects on productivity are mediated through the financial sector; firms reap the maximum benefits from innovation in countries with well-developed financial sectors. This effect is particularly important for firms in high-tech sectors, which typically have higher external financing needs.
Other form:	Print version: Dabla-Norris, Era. Firm productivity, innovation and financial development. [Washington, D.C.] : International Monetary Fund, ©2010

Description
Summary:	How do firm-specific actions-in particular, innovation-affect firm productivity? And what is the role of the financial sector in facilitating higher productivity? Using a rich firm-level dataset, we find that innovation is crucial for firm performance as it directly and measurably increases productivity. Moreover, its effects on productivity are mediated through the financial sector; firms reap the maximum benefits from innovation in countries with well-developed financial sectors. This effect is particularly important for firms in high-tech sectors, which typically have higher external financing needs.
Item Description:	"February 2010." At head of title: Strategy, Policy and Review and African Departments.
Physical Description:	1 online resource (35 pages)
Format:	Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Bibliography:	Includes bibliographical references (pages 18-20).
ISBN:	1283567768 9781283567763 9781452748030 1452748039