Nucci, Francesco; Pozzolo, Alberto F.; Schivardi, Fabiano - In: Rivista di Politica Economica 95 (2005) 1, pp. 269-290
Firms undertaking innovative activities typically hold a larger share of immaterial assets and have a different capital structure. Differences in the propensity to innovate are likely to translate in different TFP levels. We use data on a panel of firms to study the relationship between firms'...