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dc.contributor.authorHong, Shangqin
dc.contributor.authorOxley, Les
dc.contributor.authorMcCann, Philip
dc.date.accessioned2014-01-06T03:44:34Z
dc.date.available2014-01-06T03:44:34Z
dc.date.issued2013-09
dc.identifier.citationHong, S., Oxley, L., & McCann, P. (2013). Why size maters: Investigating the drivers of innovation and economic performance in New Zealand using the business operation survey. (Department of Economics Working Paper Series, Number 13/13). Hamilton, New Zealand: University of Waikato.en_NZ
dc.identifier.urihttps://hdl.handle.net/10289/8363
dc.description.abstractThe economic performance of the New Zealand economy is something of an enigma. Although ranked number one (of 144 countries) for four important 'growth fundamentals' New Zealand is 'middle of the pack' when it comes to economic growth, productivity and innovation. So what is missing in this story of New Zealand performance? Using three iterations (2005, 2007 and 2009) of the Business Operations Survey, the paper seeks to answer the question using a bivariate probit regression (biprobit) approach applied to samples in excess of 2,000 unit record observations of New Zealand firms. The results suggest that factors such as firm size, high perceived quality product, investment/R&D capability, major technology change, application of formal IP protection and new export markets are systematically and positively related to innovation; while many external issues such as those related to geography, market structure, business environment, appear to have little influence. At the firm level, innovations in New Zealand are highly dependent on the firms’ internal ability to develop new technologies and market demand. (Small) size does matter in New Zealand where ultimately government may need to be involved to maintain a viable (minimum) scale for domestic R&D.en_NZ
dc.format.mimetypeapplication/pdf
dc.language.isoenen_NZ
dc.publisherUniversity of Waikatoen_NZ
dc.relation.ispartofseriesDepartment of Economics Working Paper Seriesen_NZ
dc.rights© 2013 The Authors.en_NZ
dc.subjectinnovationen_NZ
dc.subjectNew Zealanden_NZ
dc.subjectBusiness Operations Survey (BOS)en_NZ
dc.subjectnew economic geography (NEG)en_NZ
dc.titleWhy size maters: Investigating the drivers of innovation and economic performance in New Zealand using the business operation surveyen_NZ
dc.typeJournal Articleen_NZ
uow.relation.series13/13en_NZ
dc.relation.isPartOfWorking Paper in Economicsen_NZ
pubs.elements-id54664


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