García-Quevedo, José; Pellegrino, Gabriele; … - Institute for the Study of Labor (IZA) - 2011
This paper examines the determinants of young innovative companies' (YICs) R&D activities taking into account the autoregressive nature of innovation. Using a large longitudinal dataset comprising Spanish manufacturing firms over the period 1990-2008, we find that previous R&D experience is a...