Intangible Drivers of Innovation Performance: Empirical Evidence from USA and Russia

14 Pages Posted: 13 Nov 2012

See all articles by Mariya Molodchik

Mariya Molodchik

National Research University Higher School of Economics, Perm Campus

Jana Nursubina

affiliation not provided to SSRN

Date Written: November 13, 2012

Abstract

This paper explores the impact of intellectual capital on new product development performance. The study is conducted on more than 200 public companies from the USA and Russia over the period 2005-2009. The authors employ panel data analysis to discover the specific intangible drivers of innovation performance for developed and developing countries. The findings reveal that, with the exception of human capital, all types of intellectual capital have a significantly positive relationship with product innovations. The influence of human capital on innovation performance was justified using fixed effect model specification. Moreover, the study confirms that the companies in developing countries have more incentive to their intangibles through new product development.

Keywords: product innovation, intellectual capital, developing countries, developed countries

JEL Classification: O31, O32, C52

Suggested Citation

Molodchik, Mariya Anatolievna and Nursubina, Jana, Intangible Drivers of Innovation Performance: Empirical Evidence from USA and Russia (November 13, 2012). Available at SSRN: https://ssrn.com/abstract=2174781 or http://dx.doi.org/10.2139/ssrn.2174781

Mariya Anatolievna Molodchik (Contact Author)

National Research University Higher School of Economics, Perm Campus ( email )

Studencheskaya street, 38
Perm, Perm 614017
Russia

HOME PAGE: http://www.hse.ru

Jana Nursubina

affiliation not provided to SSRN ( email )

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