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https://hdl.handle.net/10419/33546
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DC Field | Value | Language |
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dc.contributor.author | Piva, Mariacristina | en |
dc.contributor.author | Vivarelli, Marco | en |
dc.date.accessioned | 2006-06-29 | - |
dc.date.accessioned | 2010-07-07T09:12:37Z | - |
dc.date.available | 2010-07-07T09:12:37Z | - |
dc.date.issued | 2006 | - |
dc.identifier.uri | http://hdl.handle.net/10419/33546 | - |
dc.description.abstract | Previous 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 |
dc.language.iso | eng | en |
dc.publisher | |aInstitute for the Study of Labor (IZA) |cBonn | en |
dc.relation.ispartofseries | |aIZA Discussion Papers |x1982 | en |
dc.subject.jel | O31 | en |
dc.subject.ddc | 330 | en |
dc.subject.keyword | R&D expenditures | en |
dc.subject.keyword | demand-pull | en |
dc.subject.keyword | innovative firms | en |
dc.subject.keyword | LSDVC estimator | en |
dc.subject.stw | Technischer Fortschritt | en |
dc.subject.stw | Innovationsmanagement | en |
dc.subject.stw | Input-Output | en |
dc.subject.stw | Schätzung | en |
dc.subject.stw | Italien | en |
dc.title | Is demand-pulled innovation equally important in different groups of firms? | - |
dc.type | |aWorking Paper | en |
dc.identifier.ppn | 50833022X | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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