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Innovation and Productivity in Smes : Empirical Evidence for Italy

Hall, Bronwyn H. - 2010

Innovation in SMEs exhibits some peculiar features that most traditional indicators of innovation activity do not … capture. Therefore, in this paper, we develop a structural model of innovation which incorporates information on innovation … both process and product innovation. Both these kinds of innovation have a positive impact on firm's productivity …

Persistent link: https://www.econbiz.de/10012758059

Private Equity and the Innovation Strategies of Entrepreneurial Firms : Empirical Evidence from the Small Business Innovation Research Program

Link, Albert - 2014

There is great interest in evaluating the impact of private equity investments on innovation and economic growth …. However, there is no direct empirical evidence on the effects of such transactions on the innovation strategies of … Business Innovation Research (SBIR) program research awards. We find that SBIR firms attracting private equity investments are …

Persistent link: https://www.econbiz.de/10013065646

The Reorganization of Inventive Activity in the United States During the Early Twentieth Century

Lamoreaux, Naomi R. - 2014

The standard view of U.S. technological history is that the locus of invention shifted during the early twentieth century to large firms whose in-house research laboratories were superior sites for advancing the complex technologies of the second industrial revolution. In recent years this view...

Persistent link: https://www.econbiz.de/10013070644

The Importance (or Not) of Patents to UK Firms

Hall, Bronwyn H. - 2015

innovative performance measured as turnover due to innovation, but not between patenting and subsequent employment growth. The …

Persistent link: https://www.econbiz.de/10013035536

Intermediaries in International Trade : Direct Versus Indirect Modes of Export

Bernard, Andrew B. - 2012

This paper examines the factors that give rise to intermediaries in exporting and explores the implications for trade volumes. Export intermediaries such as wholesalers serve different markets and export different products than manufacturing exporters. In particular, high market-specific fixed...

Persistent link: https://www.econbiz.de/10013113099

Technical Progress in U.S. Manufacturing Sectors, 1948-1973 : an Application of Lie Groups

Sato, Ryuzo - 2010

The purpose of this paper is to apply the theory of Lie transformation groups as developed by the first author, and derive a testable model of production and technical change. The econometric model is then applied to data derived by F. Gollop and D. Jorgenson for U.S. manufacturing industries...

Persistent link: https://www.econbiz.de/10012760052

Vertical Information Restraints : Pro- and Anti-Competitive Impacts of Minimum Advertised Price Restrictions

Asker, John - 2016

We consider vertical contracts where the retail market may involve search frictions. Minimum advertised price restrictions (MAP) act as a restraint on customers' information and so can increase search frictions in the retail sector. Such restraints, thereby, soften retail competition—an impact...

Persistent link: https://www.econbiz.de/10012980147

Product Mix and Firm Productivity Responses to Trade Competition

Mayer, Thierry - 2016

We document how demand shocks in export markets lead French multi-product exporters to re-allocate the mix of products sold in those destinations. In response to positive demand shocks, those French firms skew their export sales towards their best-performing products; and also extend the range...

Persistent link: https://www.econbiz.de/10012986299

Microeconomic Uncertainty, International Trade, and Aggregate Fluctuations

Alessandria, George - 2014

The extent and direction of causation between micro volatility and business cycles are debated. We examine, empirically and theoretically, the source and effects of fluctuations in the dispersion of producer- level sales and production over the business cycle. On the theoretical side, we study...

Persistent link: https://www.econbiz.de/10013044984

What Inventory Behavior Tells Us About Business Cycles

Bils, Mark; Kahn, James A. - 2021

Manufacturers' finished goods inventories move less than shipments over the business cycle. We argue that this requires marginal cost to be more procyclical than is conventionally measured. We construct, for six manufacturing industries, alternative measures of marginal cost that attribute...

Persistent link: https://www.econbiz.de/10013222235

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