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Studies about innovation find evidence of a positive relationship between technological advancement and firm performance, in particular when the innovative effort is continuous. This paper aims to further the analysis on the duration of R&D investment at the firm level. The contribution of this...
Persistent link: https://www.econbiz.de/10012998168
Studies about innovation find evidence of a positive relationship between technological advancement and firm performance, in particular when the innovative effort is continuous. This paper aims to further the analysis on the duration of R&D investment at the firm level. The contribution of this...
Persistent link: https://www.econbiz.de/10011705599
The COVID-19 crisis has hit Italy severely: by mid-2020, GDP had returned to the level observed in 1993. This is the result not only of its sharp collapse in the first half of 2020, but also of its weak growth since the 1990s. Addressing the problems that have restrained the economy for 30 years...
Persistent link: https://www.econbiz.de/10012435593
This study uses firm level data from two detailed surveys of Italian manufacturing firms to study the relationship between R&D expenditures and productivity growth. The analysis considers the different contributions of various forms of R&D (product, process, internal, external in collaboration...
Persistent link: https://www.econbiz.de/10011325067
This paper explores how firms' skills and organizational change affect the returns from investments in ICT. Our work contributes to the literature by testing the hypothesis of complementarity in a panel of 540 Italian manufacturing firms during 1995-2000. By drawing on different statistical...
Persistent link: https://www.econbiz.de/10010328640
This paper explores how firms' skills and organizational change affect the returns from investments in ICT. Our work contributes to the literature by testing the hypothesis of complementarity in a panel of 540 Italian manufacturing firms during 1995-2000. By drawing on different statistical...
Persistent link: https://www.econbiz.de/10003092322
The paper explores the question whether the relationship between corporate governance and innovation is affected by the extent to which the firm is exposed to agency problems and asset specificity issues. In particular, we argue that different combinations of asset specificity and agency costs...
Persistent link: https://www.econbiz.de/10012855760
Applying clustering techniques, this paper identifies homogeneous groups of enterprises within the heterogeneous landscape of the italian manufacturing tissue. The algorithm will be fed with data from a survey on a cross-section of SMEs in 2019. The set of questions span from economic and...
Persistent link: https://www.econbiz.de/10012990145
Il lavoro documenta la recente evoluzione del sistema industriale italiano e discute i principali fattori che influiscono sulla sua competitività. Dall'analisi emerge un quadro di diffusa debolezza. In tutti i comparti industriali i livelli produttivi sono inferiori a quelli precedenti la...
Persistent link: https://www.econbiz.de/10013034537
This paper investigates the relationship between finance and R&D for a panel of more than 1000 Italian manufacturing firms. While Italian firms obtain a significant share of their financing from debt, the results from a unique survey show that firms use virtually no debt to finance R&D. Because...
Persistent link: https://www.econbiz.de/10014213153