Young firms and innovation: a microeconometric analysis

Risultato della ricerca: Contributo in rivistaArticolo in rivistapeer review

59 Citazioni (SciVal)


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. 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-house R&D does not play a significant role.
Lingua originaleEnglish
pagine (da-a)329-340
Numero di pagine12
RivistaStructural Change and Economic Dynamics
Stato di pubblicazionePubblicato - 2012


  • Embodied technological change
  • New firms
  • Product innovation
  • R&D
  • Sample selection


Entra nei temi di ricerca di 'Young firms and innovation: a microeconometric analysis'. Insieme formano una fingerprint unica.

Cita questo