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dc.contributor.authorPiva, Mariacristinaen_US
dc.contributor.authorVivarelli, Marcoen_US
dc.date.accessioned2006-06-29en_US
dc.date.accessioned2010-07-07T09:12:37Z-
dc.date.available2010-07-07T09:12:37Z-
dc.date.issued2006en_US
dc.identifier.urihttp://hdl.handle.net/10419/33546-
dc.description.abstractPrevious empirical literature - mainly cross-sectional - has tested the demand-pull hypothesis and found that overall, evidence does not conflict with the idea that innovation may be driven by output. Using a balanced panel of 216 Italian manufacturing firms over the 1995-2000 period, and checking for fixed effects, time, sectoral and size dummies and for the path-dependent nature of R&D, we also find a (barely significant) role of sales in inducing R&D expenditures. However, at the micro level, the demand-pull effect plays a varying role for the different sub-samples of firms. In particular, exporting firms, those which are liquidity-constrained, those not receiving public subsidies and those not heading a business group, seem to be particularly sensitive to sales in deciding their R&D expenditures. These microeconometric results have been obtained using a Least Squares Dummy Variable Corrected (LSDVC) estimator, a recently-proposed panel data technique particularly suitable for small samples.en_US
dc.language.isoengen_US
dc.publisherIZA Bonnen_US
dc.relation.ispartofseriesIZA Discussion Papers 1982en_US
dc.subject.jelO31en_US
dc.subject.ddc330en_US
dc.subject.keywordR&D expendituresen_US
dc.subject.keyworddemand-pullen_US
dc.subject.keywordinnovative firmsen_US
dc.subject.keywordLSDVC estimatoren_US
dc.subject.stwTechnischer Fortschritten_US
dc.subject.stwInnovationsmanagementen_US
dc.subject.stwInput-Outputen_US
dc.subject.stwSch├Ątzungen_US
dc.subject.stwItalienen_US
dc.titleIs demand-pulled innovation equally important in different groups of firms?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn50833022Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
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