Italy has yet to recover from the economic consequences of the financial and sovereign debt crisis that began more than a decade ago. In addition to losing 1.4 million jobs across the manufacturing and construction sectors, new industries driving growth across the EU, such as knowledge-intensive services, are instead stagnating in Italy. Previous structural reforms focused on deregulating the labor ...
Greek and German micro, small and medium sized businesses (MSMEs) are the backbone of both the Greek and the German economy, significantly contributing to the economic performance of the two countries. In order to be able to remain competitive in a globalized world, these MSMEs will have to increase their absorption capacity, accumulate new knowledge, and reinforce their innovation effort....
A rich literature links knowledge inputs with innovative outputs. However, most of what is known is restricted to manufacturing. This paper analyzes whether the three aspects involving innovative activity - R&D; innovative output; and productivity - hold for knowledge intensive services. Combining the models of Crepon et al. (1998) and of Ackerberg et al. (2015), allows for causal interpretation of ...
