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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Format: | Policy Research Working Paper |
Language: | English en_US |
Published: |
World Bank, Washington, DC
2012
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Online Access: | http://documents.worldbank.org/curated/en/2012/06/16402302/risks-innovation-innovating-firms-less-likely-die http://hdl.handle.net/10986/9310 |