- A-Z
- Jena Economic Resea...
- Volume 3
- How do young innova...
- Autor(in)
- Erschienen
- 6. August 2009
- Nummer des Discussion-Papers
-
2009-055
- Schlagwort(e)
-
CIS 3
embodied technical change
product innovation
R&D
sample selection
- Zusammenfsg.
-
This paper discusses the determinants of product innovation in young innovative companies (YICs) by looking at in-house and external R&D and at the acquisition of external technology in embodied and disembodied components. These input-output relationships are tested on a sample of innovative Italian firms. A sample-selection approach is applied. Results show that in-house R&D is linked to the propensity to introduce product innovation both in mature firms and YICs; however, innovation intensity in the YICs is mainly dependent on embodied technical change from external sources, while -in contrast with the incumbent firms- in-house R&D does not play a significant role.
- article pub. typess JER
- Research article
- article languages JER
- Englisch
- article research fields JER
- entrepreneurship
- JEL-Classification for JER
- C31 - Cross-Sectional Models; Spatial Models; Treatment Effect Models