Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/36081
Authors: 
Pellegrino, Gabriele
Piva, Mariacristina
Vivarelli, Marco
Year of Publication: 
2009
Series/Report no.: 
IZA Discussion Papers 4301
Abstract: 
This paper discusses the determinants of product innovation in young innovative companies (YICs) by looking at in-house and external R&D and at the acquisition of external technology in embodied and disembodied components. These input-output relationships are tested on a sample of innovative Italian firms. A sample-selection approach is applied. 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 contrast with the incumbent firms - in-house R&D does not play a significant role.
Subjects: 
R&D
product innovation
embodied technical change
CIS 3
sample selection
JEL: 
O31
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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