This paper examines entry and survival in the US software market of a sample of firms based in India, Ireland and Israel. Our investigation focuses on pre-entry technological capabilities, international linkages and home based experience as determinants of the firm entry decision and post-entry...

This paper investigates the skills and the division of labor among participants in collective inventions. Our analysis draws on a large sample of projects registered at Sourceforge.net, the world’s largest incubator of open source software activity. We test the hypothesis that skill variety of...

The lack of firm-level data on innovative activities has always constrained the development of empirical studies on innovation. More recently, the availability of large datasets on indicators, such as R&D expenditures and patents, has relaxed these constrains and spurred the growth of a new wave...

By employing 1995-2000 data on European regions we construct an index of regional openness based on the share of hotels on population and the share of population that speaks a second language. This index has an impact on regional performance after controlling for technological capabilities,...

This paper provides novel empirical evidence on the private value of patents and R&D. We analyze an unbalanced sample of firms from five EU countries - France, Germany, Switzerland, Sweden and the UK in the period 1985-2005. We explore the relationship between firm’s stock market value and...

The main goal of this paper is to assess the impact of product innovation on the economic performance of firms operating in medium and high-tech industries in general and of SMEs in particular. Using information from a large and unique dataset on Italian firms we estimate, by means of propensity...

The performance of new companies coming from the demand side of the semiconductor industry is examined and it is compared with the performance of entrants coming from the semiconductor industry itself and with other types of entrants. By using a dataset of more than one thousand start-ups...

This paper examines how the nature of the technological regime governing innovative activities and the structure of demand interact in determining market structure, with specific reference to the pharmaceutical industry. The key question concerns the observation that - despite high degrees of...

The history of a number of industries is marked by a succession of eras, associated with different dominant technologies. Within any era, industry concentration tends to grow. Particular eras are broken by the introduction of a new technology which, while initially inferior to the established...