Journal title ECONOMIA E SOCIETÀ REGIONALE
Author/s Davide Antonioli, Annaflavia Bianchi, Massimiliano Mazzanti, Paolo Pini
Publishing Year 2010 Issue 2010/1 Language Italian
Pages 30 P. 177-206 File size 202 KB
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On the basis of microeconomic studies on the firms’ behavior in terms of innovation activities the present work provide an empirical analysis for a local production system (Ferrara) aimed at showing the presence of linkages between innovation activity in different spheres and firm economic performance during a recession phase of the business cycle. We test whether the innovation activity carried on in a period preceding the crisis and contemporary to the crisis itself is able to guarantee higher economic performance during the economic crisis. The results show that those firms more involved in innovation activities are less severely hit by the crisis, adopt pro-active behaviours and perform better than the other. Such a result is mainly due to the crucial role of complementarities and synergies between innovations belonging to the different spheres of activity.
Keywords: Innovation, Economic Performance, Local Production Systems, Economic Crisis
Jel codes: L0 ; L23 ; L25 ; R11
Davide Antonioli, Annaflavia Bianchi, Massimiliano Mazzanti, Paolo Pini, Crisi economica e performance d’impresa: il ruolo dell’innovazione in un contesto produttivo locale in "ECONOMIA E SOCIETÀ REGIONALE " 1/2010, pp 177-206, DOI: 10.3280/ES2010-001012