Skip to main content Accessibility help

We use cookies to distinguish you from other users and to provide you with a better experience on our websites. Close this message to accept cookies or find out how to manage your cookie settings.

Close cookie message
×
Hostname: page-component-586b7cd67f-t7czq Total loading time: 0 Render date: 2024-11-24T04:08:36.964Z Has data issue: false hasContentIssue false

6 - Innovation and Growth of African Firms

Survival and Growth

from Part I - The Nature and Domestic Sources of Innovation in Africa

Published online by Cambridge University Press:  27 November 2020

Xiaolan Fu
Xiaolan Fu
Affiliation:
University of Oxford
Get access

Summary

Over the years, data unavailability has limited the empirical analysis of the relationship between innovation and firm growth, leading to the partial understanding of this relationship in low-income countries. This chapter fills these gaps by using a unique firm-level data to estimate the effect of technological and non-technological innovations on firm productivity in Ghana. The econometric estimations show innovation as an important determinant of labour productivity, for both formal and informal firms. Our results also suggest that technological innovation leads to higher labour productivity than non-technological innovation. New policy thinking and policies are needed to recognize, support and enhance the innovation activities in both formal and informal firms, by mitigating critical constraints such as financial and labour skill constraints formal and informal firms both face.

Keywords

Innovationknowledge diffusionfirm survivalGhana
Type
Chapter
Information
Innovation under the Radar
The Nature and Sources of Innovation in Africa
 , pp. 125 - 151
Publisher: Cambridge University Press
Print publication year: 2020

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

Save book to Kindle

To save this book to your Kindle, first ensure [email protected] is added to your Approved Personal Document E-mail List under your Personal Document Settings on the Manage Your Content and Devices page of your Amazon account. Then enter the ‘name’ part of your Kindle email address below. Find out more about saving to your Kindle.

Note you can select to save to either the @free.kindle.com or @kindle.com variations. ‘@free.kindle.com’ emails are free but can only be saved to your device when it is connected to wi-fi. ‘@kindle.com’ emails can be delivered even when you are not connected to wi-fi, but note that service fees apply.

Find out more about the Kindle Personal Document Service.

Available formats
×

Save book to Dropbox

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Dropbox.

Available formats
×

Save book to Google Drive

To save content items to your account, please confirm that you agree to abide by our usage policies. If this is the first time you use this feature, you will be asked to authorise Cambridge Core to connect with your account. Find out more about saving content to Google Drive.

Available formats
×