Firm-Level Evidence on Innovation in Spain

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Artige, Lionel
Nicolini, Rosella
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Abstract
Using a new database based on a survey on innovation this paper aims at iden tifying the determinants of firms' R&D investment and innovation decisions. The descriptive statistics confirm the evidence that the percentage of firms investing in R&D is substantially lower than the percentage of firms innovating. The econometric analysis allows toidentify the geographic distribution of sales as an important determinant of both R&D investment and innovation.
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2009-10-08
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