Young firms and innovation: A microeconometric analysis

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.


Published in:
Structural Change and Economic Dynamics, 23, 4, 329-340
Year:
2012
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 Record created 2015-09-14, last modified 2018-03-17

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