search query: @indexterm SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) / total: 396
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| Author: | Hall, B.H. Lotti, F. Mairesse, J. |
| Title: | Innovation and productivity in SMEs: Empirical evidence for Italy |
| Journal: | Small business economics
2009 : JUN, VOL. 33:1, p. 13-33 |
| Index terms: | small and medium-sized enterprises (SMEs) R&D innovation productivity Italy models |
| Language: | eng |
| Abstract: | This paper develops a structural model of innovation incorporating information on innovation success from firm surveys with the R&D expenditures and productivity measures. Using data from 1995 to 2003 on Italian SMEs from the "Survey on Manufacturing Firms" (performed by Mediocredito-Capitalia), it is found that international competition fosters R&D intensity, particularly for high-tech firms. Firm size and R&D intensity, along with investment in equipment, enhances the likelihood for both process and product innovation which have a positive impact on a firm's productivity, in particular on process innovation. Older and larger firms seem to be less productive among SMEs. |
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