1,721,057 research outputs found
Innovation persistence in times of crisis: an analysis of Italian firms
We investigate the extent to which firms’ innovation persists in “times of crisis.” Following an eclectic theoretical background, we expect that innovation persistence limitedly emerges in these times and that SMEs persist to a different extent than large firms. We argue that innovation persistence is affected by the kind of public support firms receive and by the type of business strategy they follow. Merging three waves of the MET survey on Italian firms over the period 2005–2013, we find that the persistence of those having survived the crisis is limited to process innovations, and to radical ones in particular, being lower for SMEs. The detected persistence is reinforced by the public support firms receive for their ICT, but it is attenuated by the support directed to their employment. In terms of business strategies, intensifying research and innovation efforts attenuates innovation persistence, while diversification appears a conditional strategy for its unfolding
On the Territorial Embeddedness of the Fourth Industrial Revolution: A Literature Review about How Industry 4.0 Meets Industrial Districts
Migration and Trade Flows: New evidence from Spanish Regions
We analyze migrants’ pro-trade effects through a theory-consistent gravity model
augmented with migration variables - both immigration and emigration. We take sub-
national units, i.e. Spanish NUTS3 regions and allow for subnationally heterogeneous
multilateral resistance terms, implying diversified exporting capacity of provinces. We
implement an econometric strategy based on Head and Mayer (2014), which leads us to
selecting the Gamma PML estimator. Comparing the Gamma with OLS estimator we
highlight some shortcomings of previous literature. In particular, language common-
ality is found to magnify the pro-trade effect of immigrants, differently from previous
literature; both emigrants’ and immigrants’ networks are found to exert a positive and
significant pro-trade effect, but in different ways: immigrants affect trade through their
local networks, whereas emigrants affect trade through their national networks
Tecnologie Abilitanti Fondamentali e Strategie di Specializzazione Intelligente. Un'analisi regionale sulla base di brevetti Europei
"Economia Politica” over the last 25 years, and more: a snapshot of contents and scholars
A quarter of a century is a remarkable outcome for a scientific journal. On the one hand, the time-span is long enough to map the co-evolution of its discipline and of its editorial context, and to enrich the debate of the history of science. On the other hand, the mass of its articles is large enough to identify the structural characteristics of its typical contents, the general profile of its representative authors, and to orient eventual submission decisions. With these two aims, the paper presents a “snapshot” of the last 27 years of the Italian economics journal Economia Politica. Looking at the JEL (Journal of Economic Literature) codes of its articles and at the bibliographic info of its authors, some distinguishing features are identified, along with some structural changes occurred along its history. The journal distinguishes as a “generalist” one (as opposed to “specialist” journals), with a remarkable distribution of subjects, but with some specializations too. In the last ten years, it has undergone some important changes. In particular, a substantial boost of internationalisation (not only in terms of publication languages, but also in terms of authorships), an increasing weight of co-authorships (and of non academic authorships, though to a lesser extent), a widening of the topics coverage, an increased specialisation on the growth and development implications of technological change, and a new focus on cutting-edge issues of industrial organization (e.g. firm strategy and organization). In terms of authorships, the journal distinguishes for a balanced ratio between senior professors (or equivalent) and junior researchers (or equivalent), towards whose contributions it shows a substantial propensity. In spite of the long editorial history of a group of Italian academics, the distribution of the authors’ affiliations is far from concentrated. The distribution of their faculties is instead dominated by those of economics, but with relevant shares of other surrounding disciplines, such as political sciences and law
On indirect trade-related R&D spillovers: The ‘Average Propagation Length’ of foreign R&D
The paper estimates the impact on Total Factor Productivity of trade-related R&D spillovers
by accounting for the economic distance between countries. The Average Propagation
Length foreign R&D covers to reach a domestic country is used in building the foreign
available R&D stock and to estimate its TFP impact vs. that of the domestic R&D stock. With
respect to 20 OECD countries in the period 1995–2005, the impact on TFP of the available
foreign R&D stock is greater than that of the domestic one. Results support the models
that recognize indirect trade-related R&D spillovers and provide for them a more accurate
interpretation
On the R&D giants' shoulders. Do FDI help to stand on them?
We investigate the impact of outward FDI on the MNCs' technological leadership, meant as the capacity of entering and remaining among the top R&D world investors. The research hypotheses are formulated by distinguishing FDI in R&D from FDI in other economic activities.
The findings support our hypotheses with respect to the top R&D circles of the European Industrial Research and Innovation Scoreboard. Increasing the number of FDI projects in R&D makes the entrance in these circles more probable. The same holds true for non-R&D FDI, but with a lower impact. The number of R&D{FDI also reduces the probability of exiting from the circles, while that of non-R&D ones does not. These results are robust when the value of FDI projects in R&D is considered, apart from their impact on the exit from the circles, which appears to vanish. Although with caveats, the policy support to R&D internationalization provides companies with a sustainable
competitive advantage in the race for the most substantial R&D investments and for the entailed economic and financial benefits.JRC.J.2 - Knowledge for Growt
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