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Les fondements microéconomiques de la persistance de l'innovation. Une analyse économétrique

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  • Economics


The microeconomic foundations of innovation persistence: an econometric analysis This study examines the persistence of innovation in French manufacturing firms over the period 1986-1996. We find that innovation is strongly persistent at the firm level and that the nature of this persistence depends on the size of the firm. While learning-by-doing may explain innovation persistence in the small firms, the large firms exhibit a sequential model of formal research investment where learning-by-doing is not significant.

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