García-Quevedo, José; Pellegrino, Gabriele; … - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2011
This paper examines the determinants of young innovative companies’ (YICs) R&D activitiestaking into account the autoregressive nature of innovation. Using a large longitudinal datasetcomprising Spanish manufacturing firms over the period 1990-2008, we find that previousR&D experience is a...