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presents some empirical evidence on the effects of innovation on employment growth and therefore on firms� productivity with … process innovation. The sources of employment growth during the period are split equally between the net contribution of … product innovation and the net contribution from sales growth of old products. However, the contribution of product innovation …
Persistent link: https://www.econbiz.de/10005770776
Innovation in SMEs exhibits some peculiar features that most traditional indicators of innovation activity do not … capture. Therefore, in this paper, we develop a structural model of innovation which incorporates information on innovation … enhances the likelihood of having both process and product innovation. Both these kinds of innovation have a positive impact on …
Persistent link: https://www.econbiz.de/10005011990
include ICT investment and R&D as the two main inputs of innovation and productivity. We find that R&D and ICT are both … strongly associated with innovation and productivity, with R&D being more important for innovation and ICT for productivity. We … explore their possible complementarity in innovation and production but find none, although there is complementarity between R …
Persistent link: https://www.econbiz.de/10011099695
The literature on debt restructuring usually assumes that banks behave in a uniform way towards firms in distress. Using a recent survey of Italian banks, we show that banks follow different strategies when they decide whether to take part in the workout process, in that some of them do...
Persistent link: https://www.econbiz.de/10008560238