Advanced Search
MyIDEAS: Login to save this paper or follow this series

Italian firms’ innovation strategies in 2008-2010

Contents:

Author Info

  • Leandro D’Aurizio

    ()
    (Bank of Italy)

  • Marco Marinucci

    ()
    (Bank of Italy)

Abstract

The paper describes the innovation strategies of a representative sample of Italian firms participating to the Bank of Italy’s yearly survey. The evidence covers the 2008-2010 period and highlights some stylized facts widely discussed in the economic literature. Results show that the activity of R&D is carried out within the firm, basically self-financed and it is more intense among bigger firms settled in central and northern Italy. On the other hand Public funding of R&D seems not able to influence the firms’ decision of undertaking the innovation process. Even though R&D expenditure and innovation activity are highly correlated, managerial best practices tend to be positively associated with R&D expenditure but to a lesser extent with the firms’ ability to introduce an innovation. Moreover, exporting firms have a higher propensity both to invest in R&D and to patent their intellectual property. Finally, the survey shows that the most relevant obstacles for Italian firms to innovate are the high setup costs and the lack of skilled research personnel.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.bancaditalia.it/pubblicazioni/econo/quest_ecofin_2/qef197/QEF_197.pdf
Download Restriction: no

Bibliographic Info

Paper provided by Bank of Italy, Economic Research and International Relations Area in its series Questioni di Economia e Finanza (Occasional Papers) with number 197.

as in new window
Length:
Date of creation: Sep 2013
Date of revision:
Handle: RePEc:bdi:opques:qef_197_13

Contact details of provider:
Postal: Via Nazionale, 91 - 00184 Roma
Web page: http://www.bancaditalia.it
More information through EDIRC

Related research

Keywords: research and development; innovation;

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Brown, Martin & Degryse, Hans & Höwer, Daniel & Penas, María Fabiana, 2012. "How do banks screen innovative firms? Evidence from start-up panel data," ZEW Discussion Papers, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research 12-032, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
  2. Piva, Mariacristina & Santarelli, Enrico & Vivarelli, Marco, 2003. "The Skill Bias Effect of Technological and Organisational Change: Evidence and Policy Implications," IZA Discussion Papers 934, Institute for the Study of Labor (IZA).
  3. Nicholas Bloom & John Van Reenen, 2010. "Why Do Management Practices Differ across Firms and Countries?," Journal of Economic Perspectives, American Economic Association, American Economic Association, vol. 24(1), pages 203-24, Winter.
  4. Robert J. Barro & Xavier Sala-i-Martin, 2003. "Economic Growth, 2nd Edition," MIT Press Books, The MIT Press, The MIT Press, edition 2, volume 1, number 0262025531, December.
  5. Robert J. Barro & Rachel McCleary, 2003. "Religion and Economic Growth," NBER Working Papers 9682, National Bureau of Economic Research, Inc.
  6. Raffaello Bronzini & Eleonora Iachini, 2012. "Are Incentives For R&D Effective? Evidence From A Regression Discontinuity Approach," ERSA conference papers ersa12p848, European Regional Science Association.
  7. Aghion, P. & Howitt, P., 1990. "A Model Of Growth Through Creative Destruction," DELTA Working Papers, DELTA (Ecole normale supérieure) 90-12, DELTA (Ecole normale supérieure).
  8. Falk, Rahel, 2007. "Measuring the effects of public support schemes on firms' innovation activities: Survey evidence from Austria," Research Policy, Elsevier, Elsevier, vol. 36(5), pages 665-679, June.
  9. Nick Bloom & John Van Reenen, 2006. "Measuring and explaining management practices across firms and countries," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library 733, London School of Economics and Political Science, LSE Library.
  10. Matteo Bugamelli & Patrizio Pagano, 2004. "Barriers to investment in ICT," Applied Economics, Taylor & Francis Journals, Taylor & Francis Journals, vol. 36(20), pages 2275-2286.
  11. Francesca Lotti & Fabiano Schivardi, 2005. "Cross Country Differences in Patent Propensity: A Firm-Level Investigation," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 64(4), pages 469-502, December.
  12. Bruno Crepon & Emmanuel Duguet & Jacques Mairessec, 1998. "Research, Innovation And Productivi[Ty: An Econometric Analysis At The Firm Level," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 7(2), pages 115-158.
  13. Keith E. Maskus, 2000. "Intellectual Property Rights in the Global Economy," Peterson Institute Press: All Books, Peterson Institute for International Economics, Peterson Institute for International Economics, number 99, July.
  14. Aghion, Philippe & Howitt, Peter, 1992. "A Model of Growth Through Creative Destruction," Scholarly Articles 12490578, Harvard University Department of Economics.
  15. Mariagrazia Squicciarini, 2008. "Science Parks’ tenants versus out-of-Park firms: who innovates more? A duration model," The Journal of Technology Transfer, Springer, Springer, vol. 33(1), pages 45-71, February.
  16. Marco Marinucci, 2012. "A primer on R&D cooperation among firms," Questioni di Economia e Finanza (Occasional Papers), Bank of Italy, Economic Research and International Relations Area 130, Bank of Italy, Economic Research and International Relations Area.
  17. Luigi CANNARI & Leandro D'AURIZIO & Guido DE BLASIO, 2007. "The Effectiveness of Investment Subsidies: Evidence from Survey;Data," Rivista Italiana degli Economisti, SIE - Societa' Italiana degli Economisti (I), vol. 12(3), pages 329-346, December.
  18. Marco MARINUCCI, 2007. "Research Joint Ventures e Welfare: Una Rassegna sulla Letteratura Teorica," Working Papers, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali 284, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
  19. Miotti, Luis & Sachwald, Frederique, 2003. "Co-operative R&D: why and with whom?: An integrated framework of analysis," Research Policy, Elsevier, Elsevier, vol. 32(8), pages 1481-1499, September.
  20. Cannari Luigi & D'Aurizio Leandro & de Blasio Guido, 2007. "The Effectiveness of Investment Subsidies: Evidence from Survey Data," Rivista italiana degli economisti, Società editrice il Mulino, issue 3, pages 329-346.
  21. Hall, Bronwyn H., 2011. "Innovation and productivity," MERIT Working Papers 028, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  22. Paul M Romer, 1999. "Endogenous Technological Change," Levine's Working Paper Archive 2135, David K. Levine.
  23. Bronwyn H. Hall & Jacques Mairesse & Pierre Mohnen, 2010. "Measuring the Returns to R&D," CIRANO Working Papers, CIRANO 2010s-02, CIRANO.
  24. Guido de Blasio & Davide Fantino & Guido Pellegrini, 2011. "Evaluating the impact of innovation incentives: evidence from an unexpected shortage of funds," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area 792, Bank of Italy, Economic Research and International Relations Area.
  25. Correa, Carlos, 2007. "Trade Related Aspects of Intellectual Property Rights: A Commentary on the TRIPS Agreement," OUP Catalogue, Oxford University Press, Oxford University Press, number 9780199271283, October.
  26. Mariagrazia Squicciarini, 2009. "Science parks: seedbeds of innovation? A duration analysis of firms’ patenting activity," Small Business Economics, Springer, Springer, vol. 32(2), pages 169-190, February.
  27. Giovanni Cerulli & Bianca Potì, 2010. "The differential impact of privately and publicly funded R&D on R&D investment and innovation: The Italian case," Working Papers, Doctoral School of Economics, Sapienza University of Rome 10, Doctoral School of Economics, Sapienza University of Rome, revised 2010.
Full references (including those not matched with items on IDEAS)

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:bdi:opques:qef_197_13. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ().

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.