Template-Type: ReDIF-Paper 1.0
Author-Name: Gabriele Pellegrino
Author-X-Name-First: Gabriele
Author-X-Name-Last: Pellegrino
Author-Email: gabriele.pellegrino@unicatt.it
Author-Workplace-Name: DISCE, Università Cattolica
Author-Name: Mariacristina Piva
Author-X-Name-First: Mariacristina
Author-X-Name-Last: Piva
Author-Email: mariacristina.piva@unicatt.it
Author-Workplace-Name: DISCE, Università Cattolica
Author-Name: Marco Vivarelli
Author-X-Name-First: Marco
Author-X-Name-Last: Vivarelli
Author-Email: marco.vivarelli@unicatt.it
Author-Workplace-Name: DISCE, Università Cattolica
Title:  Young firms and innovation: a microeconometric analysis
Abstract:  This paper discusses the determinants of product innovation in young innovative companies (YICs) by looking at in-house and external R&D and at the acquisition of external technology in its embodied and disembodied components. These ‘innovative’ input-output relationships are tested on a sample of 2,713 innovative Italian firms. A sample-selection approach is applied to study both the determinants of product innovation and the factors affecting the intensity of innovation.
Results show that in-house R&D is linked to the propensity to introduce product innovation both in mature firms and YICs; however, innovation intensity in the YICs is mainly dependent on embodied technical change from external sources, while in-house R&D does not play a significant role. 
Length:  31 pages
Creation-Date:  2010-12
Publication-Status: 
File-URL: http://www.unicatt.it/dipartimenti/DISES/allegati/dises1068.pdf
File-Format: Application/pdf
File-Function: First version, aaaa
Number: dises1068
Classification-JEL: O31
Keywords: R&D; Embodied technological change; Product innovation; New firms; Sample selection
Handle: RePEc:ctc:serie2:dises1068