This paper studies at firm level the relation between managerial capacity in doing innovation and profitability. Moving along the intersection between the evolutionary/neo-Schumpeterian theory and the Resource-Based-View of the firm, we prove econometrically that managerial efficiency in...

This paper applies different econometric methods to evaluate the effect of public subsidies on firms’ R&D activity. For the sake of robustness, results from the Heckman selection model (Heckit), Control-function regression, Difference-in-differences, and various Matching methods are compared...

This paper presents a comprehensive logical framework for designing ex-post evaluation of corporate R&D and innovation (RDI) policies, which logically connects: actors' behaviour, indicators, ex-post (counterfactual) evaluation and ex-ante prediction of firm (R&D) additionality potential. The...

This paper explores the impact of a specific R&D policy instrument, the Italian <roman>Fondo per le Agevolazioni della Ricerca</roman> (FAR), on industrial R&D and technological output at the firm level. Our objective is threefold: first, to identify the presence or absence of private R&D investment...

This paper presents an original econometric model for estimating a dose-response function through a regression approach when: (i) treatment is continuous, (ii) individuals may react heterogeneously to observable confounders, and (iii) selection-into-treatment may be potentially endogenous. After...

The paper explores the impact of a specific R&D policy tool, the Italian “Fondo per le Agevolazioni della Ricerca” (FAR), on industrial R&D and technological output at firm level. Our objective is threefold: first, identifying econometrically the presence/absence of private R&D investment...

This work deals with two main issues: first, the possibility of identifying differences in firm economic returns (operating profit margins) for different groups of innovation strategy and second, the possibility of checking for factors explaining the probability of being within the best...

R&D spillovers are unanimously considered as one of the main driving forces of technical change, innovation and economic growth. This paper aims at measuring inter-industrial R&D spillovers, as a useful information for policy-makers. We apply an “uncertainty-sensitivity analysis” to the...