Antonelli, Cristiano; Crespi, Francesco; Scellato, Giuseppe - In: Economics of Innovation and New Technology 22 (2013) 3, pp. 256-280
This paper contributes to the analysis of the persistence of innovation activities, as measured by total factor … implemented to capture the contingent effects of external factors on long-term innovation persistence. The empirical analysis of … panel data models. The evidence provided by the test of MTPMs in sub-periods suggests that innovation persistence is path …