Innovation persistence

Francesco Crespi, Miriam Ruggiero and Giuseppe Scellato

Chapter 27 in Elgar Encyclopedia on the Economics of Knowledge and Innovation, 2022, pp 221-228 from Edward Elgar Publishing

Abstract: This chapter provides an overview of the growing literature on the analysis of the persistent character of innovation activities. The largest part of the empirical contributions provide evidence in favour of the presence of persistency patterns in innovation effort at the firm level. In particular, the literature appears to indicate the presence of true state dependence in innovative activities, as this effect is still significant in studies that control for firm-specific time variant unobservable factors. Moreover, the contemporaneous influence on current innovation performance exerted by past innovative efforts and different, internal and external, contingent factors confirms the path dependent character of innovation persistence.

Keywords: Business and Management; Economics and Finance; Innovations and Technology (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.elgaronline.com/view/edcoll/9781839106996/9781839106996.00032.xml (application/pdf)
Our link check indicates that this URL is bad, the error code is: 503 Service Temporarily Unavailable

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:elg:eechap:19760_27

Ordering information: This item can be ordered from
http://www.e-elgar.com

Access Statistics for this chapter

More chapters in Chapters from Edward Elgar Publishing
Bibliographic data for series maintained by Darrel McCalla ().