higher in firms that experienced a change in the controlling shareholder. The latter firms also have a stronger turnover …-performance relationship. We find evidence supporting the hypothesis that changes in control are an extreme form of turnover. We also find …

set on innovation for a large number of Italian firms over the 1990's. There is evidence that banking development affects … the probability of process innovation, particularly for small firms and for firms in high(er) tech sectors and in sectors … more dependent upon external finance. The evidence for product innovation is weaker. There is also some evidence that …

innovative inputs on a sample of 3045 manufacturing firms drawn from the third Italian Community Innovation Survey (1998 …-2000). The interactions between four different sources of innovation internal and external R&D, embodied and disembodied … complementarity and substitutability relationships, depending both on the typology of the targeted innovation output and on the …

-to-the-world innovation is inherently risky and therefore may increase the probability of firm death. However, many existing studies … fail to distinguish between innovation investments and innovation capital. Using an unbalanced panel of over 290 … innovation and survival and find that current innovation investments increase the probability of death while innovation capital …

We use small Italian regions (i.e. provinces) to investigate the causal effect of foreign immigration on innovation … immigrants did not have any effect on innovation. However, decomposing the overall effect into the contributions of low- and high … applications by about 0.2%. By contrast, the impact of high-skilled immigrants on innovation is positive, in line with the previous …

We use small Italian regions (i.e. provinces) to investigate the causal effect of foreign immigration on innovation … immigrants did not have any effect on innovation. However, decomposing the overall effect into the contributions of low- and high … applications by about 0.2%. By contrast, the impact of high-skilled immigrants on innovation is positive, in line with the previous …

The microeconomic empirical literature devoted to the link between innovation and employment tends to suggest that … in size - positive relationship between innovation and employment. While the links with sales and wages have the expected … signs and turn out to be significant, the job creating impact of innovation proves robust after checking for time, industry …

This paper discusses the determinants of product innovation in young innovative companies (YICs) by looking at in …-house R&D is linked to the propensity to introduce product innovation both in mature firms and YICs; however, innovation …