Risk attitude, product innovation, and firm growth. Evidence from Italian manufacturing firms

We study the impact of individual risk attitude on the relationship between product innovation and firm performance, in a model of firm growth with endogenous product selection. We exploit a unique dataset collecting firm-level data on new product introductions and individual attitudes towards risk elicited from a lottery.

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Year of publication:	2013
Authors:	Cucculelli, Marco ; Ermini, Barbara
Published in:	Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 118.2013, 2, p. 275-279
Publisher:	Elsevier
Subject:	Risk attitude \| Entrepreneurship \| Product innovation \| Firm growth

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Type of publication:	Article
Classification:	D81 - Criteria for Decision-Making under Risk and Uncertainty ; L25 - Firm Size and Performance ; L26 - Entrepreneurship ; O32 - Management of Technological Innovation and R&D
Source:	RePEc - Research Papers in Economics

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