We investigate the relationship between product innovation and firm survival for a sample of 121 firms in a high-tech industry. We find that location near the technological frontier is an important determinant of fim survival. Firms located near the frontier are also more likely to be acquired...

Industrial classifications offer arguably poor schemes for classifying innovative activity. Moreover, a single measure incorporating technological relatedness between the inherent classes, captures the neglected issue of Jacobs (1969) and Marshall (1920), that the degree of relatedness of...

Widespread adoption of a new capital-embodied technology often requires a continuous flow of incremental innovations, aimed at making renting the new machine a viable alternative to buying it, or at dividing it up in modular elements, and possibly allowing for product range extension....

The claim of the paper is that industrial clusters need to be studied from a dynamic perspective. The complexity of cluster formation may be ascribed to its multi-dimensional and multidisciplinary character. The former refers to the co-involvement of individuals’ decisions, firms’ activities...

Intra-Industry Trade implies similar trade specialisation and is often associated with product differentiation. Differentiation depends on either quality or characteristics and two-way flows can be divided accordingly. If quality matters, we can measure relative quality of exports and imports....

A paradox seems to emerge about the extraordinary Chilean growth performance during the last two decades. Indeed, the export-led growth model was based on the export of natural resource based products characterized by low-income elasticity of demand while the productive structure was suffering a...

In this paper we exploit new data on US inventors in Organic Chemistry, Pharmaceuticals, and Biotechnology to revisit the JTH test of the localization of knowledge spillovers (Jaffe, Trajtenberg, and Henderson; 1993). We find that inventors who patent across different companies contribute...

Scientific fraud is a pervasive phenomenon with deleterious consequences, as it leads to false scientific knowledge being published, therefore a¤ecting major individual and public decisions. In this paper we build a game-theoretic model of the research and publication process that ana- lyzes...

The present paper investigates the effect of outward investments by Italian manufacturing firms on the domestic employment level and on its skill composition, as measured by the increase in the aggregate share of skilled workers (managers and clerks) in total employment. In doing so, the paper...

This work is concerned with the determinants of innovations and competition of technologies in the case of the Local Area Network industry. It focuses in particular on two suppliers of LAN components: the access technology industry and the internetworking industry. Two elements driving the...