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...

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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://documents.worldbank.org/curated/en/2012/06/16402302/risks-innovation-innovating-firms-less-likely-die
http://hdl.handle.net/10986/9310