García-Quevedo, José; Pellegrino, Gabriele; … - Forschungsinstitut zur Zukunft der Arbeit <Bonn> - 2011
autoregressive nature of innovation. Using a large longitudinal datasetcomprising Spanish manufacturing firms over the period 1990 … the case of the YICs, suggesting that their innovation behaviour is less persistentand more erratic. Moreover, our results … suggest that firm and market characteristics play adistinct role in boosting the innovation activity of firms of different age …