Using a balanced panel of 215 Italian manufacturing firms over the 1995-2000 period, this paper investigates the determinants of Ramp;D investment at the level of the firm. While finding further support for the well-established technology-push and demand-pull hypotheses, this study also tests...

This paper discusses the determinants of three alternative measures of innovative output by looking at firm's own formal Ramp;D activities and at the acquisition of external technology (TA) in its embodied and disembodied components. These input-output relationships are also discussed by...

We study the impact of demand on innovation. By focusing on a sample of small- and medium-sized enterprises in several industries and European countries, we analyse how demand stimulates innovation by providing economic incentives and reducing uncertainty. Considering the size of the market as a...

Probabilistic graphical models successfully combine probability with graph theory and therefore provide applied statisticians with a powerful data mining engine. Graphical models are a good framework for formal analysis, allowing the researcher to obtain a quick overview of the structure of...

This paper provides new empirical evidence about the impact of various technological policies upon firms’ innovative behaviour. We take into consideration the role of policies for innovative activities and we focus on their interaction. While supply-side policies such as R&D subsidies and tax...

This paper discusses the extent to which sociodemographic characteristics of consumers and their past consumption are less effective in explaining the decision of purchasing a cultural good than the characteristics of the product itself, which allow for imitative behaviors and are at the basis...

This paper empirically tackles a behavioral aspect of consumer choices as a determinant of demand in the German automobile industry. Our primary goal is to refine the existing literature on demand estimation by exploring the impact of uniqueness seeking behavior of individuals. Using a dataset...

Scientific breakthroughs coming from universities can contribute to the emergence of new industries, such as in the case of biotechnology. Obviously, not all research conducted in universities leads to a radical change from existing technological trajectories. Patents and patent dynamics have...

This paper empirically analyzes the determinants of demand in the German automobile industry. Our primary goal is to refine the existing literature on that topic by exploring the impact of uniqueness seeking behaviour of individuals on the demand schedule. Using a dataset on the segment of...

This paper presents a History Friendly Model which addresses the issue of the bifurcation in "technological styles" between US and Britain during the nineteenth century. The model aims at gaining a better understanding of the micro-dynamics that gave rise to different patterns of innovation in...