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Firms' perceptions of barriers to innovation and resilience: the Italian region of Friuli Venezia Giulia during the crisis

Simona Iammarino, Tiziana Sodano and Giovanni Vittorino

LSE Research Online Documents on Economics from London School of Economics and Political Science, LSE Library

Abstract: This paper connects the literature on obstacles to innovation to the concept of regional economic resilience by empirically assessing the relationship between the intensity of firms’ engagement in innovative activities and self-reported obstacles to innovation during the unfolding of the latest economic and financial downturn. The analysis is grounded on a unique dataset on firm-level accounting data (CAD) and information from two waves (2008-10 and 2010-12) of the Community Innovation Survey (CIS) for a representative sample of firms in the Italian region of Friuli Venezia Giulia. The main results support the existence of severe deterring barriers in the region, and suggest that during the economic and financial crisis after 2008 firms’ uncertainty about the market demand became dominant.

Keywords: obstacles to innovation; engagement in innovative activities; regional resilience; economic crisis; financial crisis (search for similar items in EconPapers)
JEL-codes: J01 N0 R14 (search for similar items in EconPapers)
Date: 2020-07-07
New Economics Papers: this item is included in nep-acc, nep-geo, nep-ino and nep-sbm
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Published in Scienze Regionali: Italian Journal of Regional Science, 7, July, 2020, pp. 25-54. ISSN: 1720-3929

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