1,721,042 research outputs found

    The Birth of New Firms In Italian Manufacturing

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    This paper is concerned with the dynamics of new firm formation in Italian manufacturing industry. New firms, which tend to be of small size, need to be examined with the help of specific measures of entry and their formation explained by means of specific determinants. In particular, it is assumed that individuals tend to establish small firms mainly through a comparison of their current labour earnings and the expected profits of their new business activity; their choice is also influenced by other factors related to the structure and the growth perspectives of the relevant industry and to labour market conditions. Policy implications of this perspective are sketched.

    The intensity of business R&D in Italy: why reducing the gap with the EU is possible and worthwhile

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    This note examines the level, trend and size distribution of the R&D expenditures by Italian firms. Comparisons with the performance of the major EU countries indicate that the Italian backwardness in terms of business R&D is mainly due to a declining contribution of the largest firms. Only thanks to an increasing number of SMEs performing R&D and the investments of a group of not too large companies, the Italian performance has not deteriorated over the last years. This suggests that, by means of well-designed and adequately funded policy measures, the goal of reducing the R&D gap with the EU is still possible

    Trends and determinants of energy innovations: patents, environmental policies and oil prices

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    This paper examines the relationship between energy innovations, environmental policies and oil prices. With a panel of 19 OECD countries over the period 1990–2013, we test how the stringency of environmental policies has affected the intensity of energy patents, while controlling for the effect of oil prices and other country-level variables. We found that the overall level of policy stringency has exerted a more significant impact than individual country measures. Moreover, the recent reduction of energy patenting is discussed, especially in the light of the staggering drop of oil prices
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