The Risks of Innovation : Are Innovating Firms Less Likely to Die?

While innovation is a source of competitiveness, it may expose plants to survival risks. Using a rich set of plant-product data for Chilean manufacturing plants during the period 1996-2006 and discrete-time hazard models controlling for unobserved...

Full description

Bibliographic Details
Main Authors: Fernandes, Ana M., Paunov, Caroline
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2012
Subjects:
R&D
WEB
Online Access:http://hdl.handle.net/10986/9310