This article investigates the differences in the mechanisms and strategies conducing to the introduction of new processes and products in Italy and Europe. Three models are proposed in order to identify the different business strategies and innovation inputs associated with new products and new processes. The empirical analysis uses innovation surveys data at the industry level for 8 European countries, with a specific focus on the Italian case. The analysis shows that while the two types of innovation have a strong complementarity, product and process innovations are the results of different innovative inputs and different strategies pursued by firms.
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Volume (Year): 98 (2008) Issue (Month): 2 (March-April) Pages: 119-146 Download reference. The following formats are available: HTML
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Find related papers by JEL classification: O31 - Economic Development, Technological Change, and Growth - - Technological Change - - - Innovation and Invention: Processes and Incentives O33 - Economic Development, Technological Change, and Growth - - Technological Change - - - Technological Change: Choices and Consequences; Diffusion Processes O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
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