Young firms and innovation: A microeconometric analysis
Gabriele Pellegrino (),
Mariacristina Piva () and
Marco Vivarelli ()
Structural Change and Economic Dynamics, 2012, vol. 23, issue 4, 329-340
This paper discusses the sources of product innovation in young innovative companies (YICs), here defined as firms engaged in product innovation and with less than 8 years of activity. In particular, we look at in-house and external R&D and at the acquisition of external technology in its embodied and disembodied components. These input–output relationships are tested on a sample of 2713 innovative Italian firms. A sample-selection approach is applied to study both the determinants of product innovation and the factors affecting the intensity of innovation.
Keywords: R&D; Embodied technological change; Product innovation; New firms; Sample selection (search for similar items in EconPapers)
JEL-codes: O31 (search for similar items in EconPapers)
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Working Paper: Young firms and innovation: a microeconometric analysis (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:streco:v:23:y:2012:i:4:p:329-340
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