Maria Elena Bontempi, Luca Lambertini, Giuseppe Parigi
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引用次数: 0
Abstract
Perseverance in R&D effort is the first fundamental step towards any kind of innovation. We investigate the beginning of the innovation story, rather than its end, through duration models. Among the drivers of our unconventional IO approach, we focus on heterogeneity, path dependence and market power, measured as elasticity of firm-specific demand. The Schumpeterian hypothesis emerges at the firm level. Heterogeneity at the industry level reveals Schumpeterian and Arrovian patterns, as well as U-shaped and inverted U-shaped patterns. We suggest considering the entire supply chain from a holistic perspective when evaluating mergers and innovation policies that support small firms by reducing their financial uncertainty and improving their institutional environment.
坚持不懈地开展研发工作是实现任何创新的第一步。我们通过持续时间模型来研究创新故事的开端而非结束。在我们的非传统 IO 方法的驱动因素中，我们重点关注异质性、路径依赖和市场力量（以企业特定需求的弹性来衡量）。熊彼特假说出现在企业层面。行业层面的异质性揭示了熊彼特模式和阿罗维模式，以及 U 型和倒 U 型模式。我们建议，在评估兼并和创新政策时，应从整体角度考虑整个供应链，通过减少财务不确定性和改善制度环境来支持小企业。
期刊介绍：
The Eurasian Business Review (EABR) publishes articles in Industrial Organization, Innovation and Management Science.
In particular, EABR is committed to publishing empirical articles which provide significant contributions in the fields of the economics and management of innovation, industrial and business economics, corporate governance and corporate finance, entrepreneurship and organizational change, strategic management, accounting, marketing, human resources management, and information systems.
While the main focus of EABR is on Europe and Asia, papers in the fields listed above on any region or country are highly encouraged.
The Eurasian Business Review is one of the two official journals of the Eurasia Business and Economics Society (EBES) and is published quarterly.
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