This paper studies at firm level the relation between managerial capacity in doing innovation and profitability. Moving along the intersection between the evolutionary/neo-Schumpeterian theory and the Resource-Based-View of the firm, we prove econometrically that managerial efficiency in...

This work deals with two main issues: first, the possibility of identifying differences in firm economic returns (operating profit margins) for different groups of innovation strategy and second, the possibility of checking for factors explaining the probability of being within the best...

R&D spillovers are unanimously considered as one of the main driving forces of technical change, innovation and economic growth. This paper aims at measuring inter-industrial R&D spillovers, as a useful information for policy-makers. We apply an “uncertainty-sensitivity analysis” to the...

The objective of this paper is to perform a first experiment of quantitative assessment on changes in allocation mechanisms and in their underlying delegation models, using the quantitative information and the descriptions of national funding systems produced in the PRIME project funding...

The paper explores the relation between two data sources (R&D and CIS surveys) in the aim of better representing the roles of R/D activity in relation with innovation processes. This paper starts with controlling the relation between the R/D expenditure in the two surveys (R&D and CIS) for a...

This paper presents an original econometric model for estimating a Dose Response Function though a regression approach when treatment is continuous, individuals may react heterogeneously to observable confounders and selection-into-treatment may be (potentially) endogenous. After the description...

This paper presents a new user-written STATA command called ivtreatreg for the estimation of five different (binary) treatment models with and without idiosyncratic (or heterogeneous) average treatment effect. Depending on the model specified by the user, ivtreatreg provides consistent...

It is the aim of this paper to review the principal econometric models used so far to measure the effect of government’s support to private R&D expenditure; in order to reach this task, we first present a basic theoretical framework to identify the effects of public subsidies on business R&D,...

The aim of the paper is twofold: to verify a full policy failure of public support on private R&D effort, when in presence of a potential plurality of public incentives; to compare the most recent econometric methods used for the analysis of the input additionality. Compared to previous studies...

By means of a simulated funding-agency/supported-firm stochastic dynamic game, this paper firstly shows that not only the level of R&D performed by firms is underprovided (as maintained by traditional literature on the subject), but also the level of the subsidy provided by the funding (public)...