Publication

This paper investigates the differences between small, medium and large-sized firms regarding their performance in the introduction of new products and processes. The author proposes two models and tests them empirically using data for eight European countries. He finds that product and process innovations, though having some complementarities, are associated to different innovative inputs and strategies pursued by firms. Moreover, he states that there emerge systematic differences between the behavior of large firms and that of small and medium-size firms.