The impact of the economic crisis on innovation: Evidence from Europe, \"Technological Forecasting and Social Change (Articolo in rivista)

Type
Label
  • The impact of the economic crisis on innovation: Evidence from Europe, \"Technological Forecasting and Social Change (Articolo in rivista) (literal)
Anno
  • 2013-01-01T00:00:00+01:00 (literal)
Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#doi
  • 10.1016/j.techfore.2013.05.005 (literal)
Alternative label
  • Daniele Archibugi, Andrea Filippetti, Marion Frenz (2013)
    The impact of the economic crisis on innovation: Evidence from Europe, "Technological Forecasting and Social Change
    in Technological forecasting & social change; Elsevier, Amsterdam (Paesi Bassi)
    (literal)
Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#autori
  • Daniele Archibugi, Andrea Filippetti, Marion Frenz (literal)
Pagina inizio
  • 1247 (literal)
Pagina fine
  • 1260 (literal)
Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#url
  • http://www.sciencedirect.com/science/article/pii/S0040162513001029 (literal)
Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#numeroVolume
  • 80 (literal)
Rivista
Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#pagineTotali
  • 13 (literal)
Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#numeroFascicolo
  • 7 (literal)
Http://www.cnr.it/ontology/cnr/pubblicazioni.owl#affiliazioni
  • Daniele Archibugi, CNR-IRPPS Andrea Filippetti, CNR-ISSIRFA Marion Frenz, Birkbeck College, University of London, Department of Management (literal)
Titolo
  • The impact of the economic crisis on innovation: Evidence from Europe, \"Technological Forecasting and Social Change (literal)
Abstract
  • Economic crises cause companies to reduce their investment, including investment in innovation where returns are uncertain and long-term. This has been confirmed by the 2008 financial crisis, which has substantially reduced the willingness of firms to invest in innovation. However, the reduction in investment has not been uniform across companies and a few even increased their innovation expenditures. Through the analysis of a fresh European Survey, this paper compares drivers of innovation investment before, during and following on from the crisis, applying the Schumpeterian hypotheses of creative destruction and technological accumulation. Before the crisis, incumbent enterprises are more likely to expand their innovation investment, while after the crisis a few, small enterprises and new entrants are ready to \"swim against the stream\" by expanding their innovative related expenditures. (literal)
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