This paper provides evidence on the mechanisms influencing the patent output of a sample of biotechnology firms from the input of indirect knowledge acquired from capital expenditures and direct knowledge from in-house R&D. Statistical models of counts are used to analyse the relationship...

This paper studies the duration of two cohorts of entrants in the Italian financial intermediation industry. Using the Cox (1972) Proportional Hazards Model, it analyzes the link between duration of each newborn firm and its start-up size, as well as a series of industry-specific...

Discussing the economics of entrepreneurship, this book views that it should establish a framework of analysis that integrates the understanding of the determinants and the effects of entrepreneurship and innovation without neglecting the functioning of the inducement mechanisms. For this...

This paper is based upon the assumption that firm profitability is determined by its degree of diversification which in turn is strongly related to the antecedent decision to carry out diversification activities. This calls for an empirical approach that permits the joint analysis of the three...