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  1. Technological diversification and the growth of regions in the short and long run
    Erschienen: [2023]
    Verlag:  LEM, Laboratory of Economics and Management, Institute of Economics, Scuola Superiore Sant'Anna, Pisa, Italy

    We study the effects of different types of technological diversification on the performance of regional economies. We focus on the relatedness and unconventionality of technological capabilities as drivers of GDP and employment growth. Using economic... mehr

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    We study the effects of different types of technological diversification on the performance of regional economies. We focus on the relatedness and unconventionality of technological capabilities as drivers of GDP and employment growth. Using economic indicators from Eurostat regional statistics and patent records from the European Patent Office (EPO) PATSTAT and the OECD RegPat databases, we estimate Panel Vector Autoregression models and generate Impulse Response Functions to assess to what extent and with what persistence relatedness and unconventionality affect growth. Our findings, which have implications for place-based innovation policies, reveal that technological relatedness has short-term effects on employment growth and negative effects on GDP growth, whereas technological unconventionality has a long-lasting positive impact on GDP growth and no effect on employment growth.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/297154
    Schriftenreihe: LEM working paper series ; 2023, 46 (December 2023)
    Schlagworte: Technological capabilities; Diversification; Relatedness; Unconventionality; Innovation; Regional development
    Umfang: 1 Online-Ressource (circa 42 Seiten), Illustrationen
  2. Digital advantage
    evidence from a policy evaluation of adoption subsidies
    Erschienen: [2023]
    Verlag:  LEM, Laboratory of Economics and Management, Institute of Economics, Scuola Superiore Sant'Anna, Pisa, Italy

    Investments in advanced manufacturing technologies are expected to generate substantial gains for firms. The aim of this work is to evaluate the nature and extent of such gains. We use information on the ''Nuova Sabatini'' subsidy - an important... mehr

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    Investments in advanced manufacturing technologies are expected to generate substantial gains for firms. The aim of this work is to evaluate the nature and extent of such gains. We use information on the ''Nuova Sabatini'' subsidy - an important policy measure adopted in Italy over the last few years - and employ a Difference-in-Differences methodology to estimate the effects of digital technologies on adopters relative to a first control group of applicants whose funding was revoked, and a second one obtained through statistical matching. The analysis exploits the rare opportunity of bringing together data from the Italian ''National Register of State Aids'' (NRA), confidential data from the Ministry of Economic Development (MiSE), and financial data from the complete business register of the Italian Chambers of Commerce (InfoCamere). Results show that new digital investments have positive effects on productivity and that the policy is effective in boosting the overall performance of treated firms. In addition, there is no evidence that digital adoption results in technological unemployment.

     

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/297149
    Schriftenreihe: LEM working paper series ; 2023, 41 (November 2023)
    Schlagworte: Advanced manufacturing; Industry 4.0; Technology diffusion; Adoption subsidies; Industrial strategy
    Umfang: 1 Online-Ressource (circa 52 Seiten), Illustrationen
  3. There are different shades of green
    heterogeneous environmental innovations and their effects on firm performance
    Erschienen: [2023]
    Verlag:  LEM, Laboratory of Economics and Management, Institute of Economics, Scuola Superiore Sant'Anna, Pisa, Italy

    Using a firm-level dataset from the Spanish Technological Innovation Panel (2003-2016), this study explores the characteristics of environmentally innovative firms and quantifies the effects of pursuing different types of environmental innovation... mehr

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    Using a firm-level dataset from the Spanish Technological Innovation Panel (2003-2016), this study explores the characteristics of environmentally innovative firms and quantifies the effects of pursuing different types of environmental innovation strategies (resource-saving, pollution-reducing, and regulation-driven innovations) on sales, employment, and productivity dynamics. The results indicate, first, that environmental innovations tend to be highly correlated with firms' technological capabilities, although to varying degrees across types of environmental innovation, whereas structural characteristics are less significant. Second, we observe heterogeneous effects of different types of environmental innovation on performance outcomes. We find no evidence that any type of environmental innovation fosters sales growth while pollution-reducing and regulation-driven innovations boost employment growth. Moreover, both resource-saving and pollution-reducing innovations bring about productivity advantage.

     

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
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    Weitere Identifier:
    hdl: 10419/297150
    Schriftenreihe: LEM working paper series ; 2023, 42 (November 2023)
    Schlagworte: Environmental Innovation; Green Investments; Resource-saving; Pollution-reduction; Environmental compliance; Firm performance
    Umfang: 1 Online-Ressource (circa 27 Seiten), Illustrationen
  4. Turning technological relatedness into industrial strategy
    the productivity effects of Smart Specialisation in Europe
    Erschienen: [2023]
    Verlag:  Utrecht University, Human Geography and Planning, [Utrecht]

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: Papers in evolutionary economic geography ; # 23, 23
    Schlagworte: Related diversification; Specialization; Regional policy; Innovation policy; Place-based Policies
    Umfang: 1 Online-Ressource (circa 70 Seiten), Illustrationen
  5. Turning technological relatedness into industrial strategy
    the productivity effects of smart specialisation in Europe
    Erschienen: 2023
    Verlag:  UCD School of Economics, University College Dublin, Dublin

    In this paper we explore the impact of place-based innovation policy in Europe. We focus on the effects of Smart Specialisation strategies on the labour productivity of regional economies. We design an analytical framework that takes into account the... mehr

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    In this paper we explore the impact of place-based innovation policy in Europe. We focus on the effects of Smart Specialisation strategies on the labour productivity of regional economies. We design an analytical framework that takes into account the entrepreneurial discovery process through which the policy is implemented, and connect the technological relatedness of regions with their specialisation choices. We use an IV estimation approach capable of handling endogeneity problems, and apply it to an extensive dataset of 102 NUTS2 regions extracted from the European Commission Smart Specialisation Portal. The results show that Smart Specialisation strategies increase labour productivity as long as the priorities are set in sectors related to pre-existing technological capabilities, indicating the fundamental importance of path-dependency in diversification choices. The findings deepen our understanding of regional development and innovation strategies, and have relevant implications for the implementation of appropriate policy instruments.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/296700
    Schriftenreihe: Working paper series / UCD Centre for Economic Research ; WP23, 26 (November 2023)
    Schlagworte: Related diversification; Specialization; Regional policy; Innovationpolicy; Place-based Policies
    Umfang: 1 Online-Ressource (circa 71 Seiten), Illustrationen