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Inside innovation persistence: New evidence from Italian micro-data

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  • Antonelli,Cristiano

    ()

  • Crespi, Francesco

    ()

  • Scellato, Giuseppe

    ()
    (University of Turin)

Abstract

This paper contributes the analysis of the persistence of innovation activities, as measured by different innovation indicators and explores its past and path dependent characteristics. The study provides new insights on the role of R&D investments in innovation persistence and analyses differentiated patterns of persistence across product and process innovation, by accounting for complementarity effects between the two types of innovative behaviour. The empirical analysis is based on a sample of 451 Italian manufacturing companies observed during the years 1998-2006, and exploits both descriptive techniques such as Transition Probability Matrix and econometric methods based on dynamic probit models. Results highlight the relevance of innovation persistence. The highest level of persistence is found for R&D-based innovation activities, witnessing the actual presence of significant entry and exit barriers. Moreover, we obtain more robust evidence of persistence for product innovation than for process innovation when complementarity effects between the two types of innovation are accounted for.

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Bibliographic Info

Paper provided by University of Turin in its series Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio Carlo Alberto. WP series with number 201213.

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Length: 34 pages
Date of creation: May 2012
Date of revision:
Handle: RePEc:uto:labeco:201213

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Cited by:
  1. Antonelli Cristiano & Crespi, Francesco & Scellato, Giuseppe, 2013. "Path Dependent Patterns of Persistence in Productivity Growth," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201310, University of Turin.
  2. HANED Naciba & LE BAS Christian & MOTHE Caroline & NGUYEN Thi Thuc Uyen, 2012. "Firm technological innovation persistence: Organizational innovation matters," CEPS/INSTEAD Working Paper Series 2012-27, CEPS/INSTEAD.
  3. Francesco Crespi & Cristiano Antonelli, 2011. "Matthew effects and R&D subsidies: knowledge cumulability in high-tech and low-tech industries," Departmental Working Papers of Economics - University 'Roma Tre' 0140, Department of Economics - University Roma Tre.
  4. Baraldi, Anna Laura & Cantabene, Claudia & Perani, Giulio, 2013. "Reverse causality in the R&D – patents relationship: an interpretation of the innovation persistence," MPRA Paper 47684, University Library of Munich, Germany.
  5. Antonelli,Cristiano & Gehringer,Agnieszka, 2012. "Knowledge externalities and demand pull: The European evidence," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 201214, University of Turin.
  6. Naciba Haned & Christian Le Bas & Caroline Mothe & Uyen Nguyen, 2012. "Firm technological innovation persistence: Organizational innovation matters," Working Papers halshs-00703289, HAL.
  7. Kaneva, Maria, 2013. "Econometric persistence in innovation and analysis of the patent activity of Russian companies," Applied Econometrics, Publishing House "SINERGIA PRESS", vol. 32(4), pages 93-109.
  8. Raffaello Bronzini & Paolo Piselli, 2014. "The impact of R&D subsidies on firm innovation," Temi di discussione (Economic working papers) 960, Bank of Italy, Economic Research and International Relations Area.
  9. Luca Andriani & Fabio Sabatini, 2013. "Trust and Prosocial Behaviour in a Process of State Capacity Building: the Case of the Palestinian Territories," Management Working Papers 6, Birkbeck Department of Management, revised Oct 2013.
  10. Cristiano Antonelli & Francesco Crespi & Giuseppe Scellato, 2013. "Internal and external factors in innovation persistence," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 22(3), pages 256-280, April.
  11. Christian Le Bas & Nicolas Poussing, 2012. "Are complex innovators more persistent than single innovators ? An empirical analysis of innovation persistence drivers," Working Papers 1201, Groupe d'Analyse et de Théorie Economique (GATE), Centre national de la recherche scientifique (CNRS), Université Lyon 2, Ecole Normale Supérieure.
  12. LE BAS Christian & MOTHE Caroline & NGUYEN Thi Thuc Uyen, 2011. "Technological innovation persistence: Literature survey and exploration of the role of organizational innovation," CEPS/INSTEAD Working Paper Series 2011-54, CEPS/INSTEAD.
  13. Simone Borghesi & Valeria Costantini & Francesco Crespi & Massimiliano Mazzanti, 2013. "Environmental innovation and socio-economic dynamics in institutional and policy contexts," Journal of Evolutionary Economics, Springer, vol. 23(2), pages 241-245, April.

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