Abstract
The machine tool industry has a leading role in the Italian manufacturing system, above all in Northern Italy.
This industrial branch is a strategic intermediate point in many manufacture dies, with an average innovation
intensity higher than that of many other industrial branches. This work investigates if and in which way the
innovation and the R&D processes carried out in the sector firms affect their productivity. We built a significant
sample, which answered a questionnaire based on the CIS (Community Innovation Survey). Also a regional
geographic dimension is used, to test the presence of specific local effects. Results show a positive and strong
contribution from human capital to productivity, while, in the short term, physical capital have a negative
impact, a result probably influenced by the economic crisis.
| Lingua originale | English |
|---|---|
| Editore | Dipartimento di scienze economiche e sociali, Università cattolica del Sacro Cuore, Piacenza |
| Numero di pagine | 26 |
| Stato di pubblicazione | Pubblicato - 2013 |
Keywords
- FIRM PERFORMANCE
- INNOVATION