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DC Field | Value | Language |
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dc.contributor.author | Garcia-Quevedo, Jose | - |
dc.contributor.author | Pellegrino, Gabriele | - |
dc.contributor.author | Vivarelli, Marco | - |
dc.date.accessioned | 2017-10-13T12:53:40Z | - |
dc.date.available | 2017-10-13T12:53:40Z | - |
dc.date.issued | 2011 | - |
dc.identifier.uri | http://hdl.handle.net/2445/116580 | - |
dc.description.abstract | This paper examines the determinants of young innovative companies’ (YICs) R&D activities taking into account the autoregressive nature of innovation. Using a large longitudinal dataset comprising Spanish manufacturing firms over the period 1990-2008, we find that previous R&D experience is a fundamental determinant for mature and young firms, albeit to a smaller extent in the case of the YICs, suggesting that their innovation behaviour is less persistent and more erratic. Moreover, our results suggest that firm and market characteristics play a distinct role in boosting the innovation activity of firms of different age. In particular, while market concentration and the degree of product diversification are found to be important in boosting R&D activities in the sub-sample of mature firms only, YICs’ spending on R&D appears to be more sensitive to demand-pull variables, suggesting the presence of credit constraints. These results have been obtained using a recently proposed dynamic type-2 tobit estimator, which accounts for individual effects and efficiently handles the initial conditions problem. | ca |
dc.format.extent | 36 p. | - |
dc.format.mimetype | application/pdf | - |
dc.language.iso | eng | ca |
dc.publisher | Institut d’Economia de Barcelona | ca |
dc.relation.isformatof | Reproducció del document publicat a: http://www.ieb.ub.edu/2012022157/ieb/ultimes-publicacions | - |
dc.relation.ispartof | IEB Working Paper 2011/31 | - |
dc.relation.ispartofseries | [WP E-IEB11/31] | cat |
dc.rights | cc-by-nc-nd, (c) García et al., 2011 | - |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/3.0/es/ | - |
dc.source | IEB (Institut d’Economia de Barcelona) – Working Papers | - |
dc.subject.classification | Productivitat | cat |
dc.subject.classification | Eficiència industrial | cat |
dc.subject.classification | Recerca industrial | - |
dc.subject.classification | Gestió de la innovació | cat |
dc.subject.other | Productivity | eng |
dc.subject.other | Industrial efficiency | eng |
dc.subject.other | Industrial research | - |
dc.subject.other | Innovation management | eng |
dc.title | The determinants of YICs’ R&D activity | ca |
dc.type | info:eu-repo/semantics/workingPaper | ca |
dc.rights.accessRights | info:eu-repo/semantics/openAccess | ca |
Appears in Collections: | IEB (Institut d’Economia de Barcelona) – Working Papers |
Files in This Item:
File | Description | Size | Format | |
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IEB11-31_GarciaQuevedo.pdf | 486.6 kB | Adobe PDF | View/Open |
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