This paper contributes the analysis of the persistence of innovation activities, as measured by different innovation indicators and explores its past and path dependent characteristics. The study provides new insights on the role of R&D investments in innovation persistence and analyses...

This paper contributes the analysis of the persistence of innovation activities, as measured by total factor productivity (TFP) and explores its internal and external determinants stressing its path dependent characteristics. The external conditions, namely the quality of local knowledge pools...

Many industrialised countries have Introduced environmental policy measures in order to reduce negative externalities linked to economic activities. These policy actions produce different effects on the economic system depending on the regulatory tools adopted and the specific objective of...

This paper contributes the analysis of the persistence of innovation activities, as measured by different innovation indicators and explores its path dependent characteristics. The empirical analysis of firm level innovative activities for a sample of 451 Italian manufacturing companies observed...

The pollution haven hypothesis (PHH) affirms that an open market regime will encourage the flow of low-technology polluting industries toward developing countries because of potential comparative advantages related io low environmentai standards. In contrast, the hypothesis suggested by Porter...

Over the part two decades, a wide empirical literature has addressed the theme of firmtevel financial constraints, supporting the hypothesis that the availability of internal funds is indeed a major driver of investment decisions (Hímmeiberg and Petersen, 1994). The largest part of such...

This paper contributes to the analysis of the persistence of firm productivity, here measured by the total factor productivity (TFP), and highlights its path dependent characteristics. The study contributes to the literature on persistence in productivity along four main lines. First, it...