The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
Market Share, Market Value and Innovation in a Panel of British Manufacturing Firms
Abstract
This paper examines the empirical relationship between technological innovations, market share and stock market value. New developments in the estimation of dynamic count data models are used to control for unobserved firm specific heterogeneity. We find a robust and positive effect of market share on observable headcounts of innovations and patents although increased product market competition in the industry tends to stimulate innovative activity. Furthermore, the impact of innovation on market value is larger for firms with higher market shares. We argue that our results are consistent with models where high market share firms have incentives to pre-emptively innovate.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Another look at the instrumental variable estimation of error-components models
Arellano, M., & Bover, O. (1995) · Journal of Econometrics · doi:10.1016/0304-4076(94)01642-d · Cited by 19,880
Cited by
Intrinsic and extrinsic motivation
Benabou, R., & Tirole, J. (2003) · Review of Economic Studies · doi:10.1111/1467-937x.00253 · Cited by 2,913
Competition and Innovation: An Inverted U Relationship
Aghion, P., Bloom, N., Blundell, R. W., Griffith, R., & Howitt, P. (2004) · SSRN Electronic Journal · doi:10.2139/ssrn.1306944 · Cited by 2,117
Self-citationCompetition and innovation: an inverted U relationship
Blundell, R., Howitt, P., Griffith, R., Aghion, P., & Bloom, N. (2002) · Working Paper Series · doi:10.1920/wp.ifs.2002.0204 · Cited by 2,109
Self-citationTrade Liberalization, Exit, and Productivity Improvements: Evidence from Chilean Plants
Pavcnik, N. (2002) · The Review of Economic Studies · doi:10.1111/1467-937x.00205 · Cited by 1,777
Carbon Taxes, Path Dependency, and Directed Technical Change: Evidence from the Auto Industry
Aghion, P., Dechezleprêtre, A., Hémous, D., Martin, R., & Van Reenen, J. (2016) · Journal of Political Economy · doi:10.1086/684581 · Cited by 1,604
Self-citation
Metadata
- Authors
- Blundell, R., Griffiths, R., & Van Reenen, J.
- Venue
- Review of Economic Studies
- Publisher
- Oxford University Press (OUP)
- Published
- 1999-07
- Volume
- 66
- Issue
- 3
- Pages
- 529-554
- ISSN
- 0034-6527 (ISSN-L)
- 1467-937X
- OpenAlex
- W2096067571
- Cited by
- 1,655
- References
- 1
- FWCI
- 37.48
- Type
- journal article
- Language
- en
- Open access
- closed
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Market Share, Market Value and Innovation in a Panel of British Manufacturing Firms. https://app.cochat.ai/papers/10.1111/1467-937x.00097
- The paper
- Blundell, R., Griffiths, R., & Van Reenen, J. (1999). Market Share, Market Value and Innovation in a Panel of British Manufacturing Firms. Review of Economic Studies. https://doi.org/10.1111/1467-937x.00097
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
