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Archivio digitale delle tesi discusse presso l’Università di Pisa

Tesi etd-04102014-125934


Tipo di tesi
Tesi di laurea magistrale
URN
etd-04102014-125934
Titolo
Growth and Financial Dynamics of Innovating Firms: An Empirical Analysis of Italian SMEs
Dipartimento
ECONOMIA E MANAGEMENT
Corso di studi
FINANZA AZIENDALE E MERCATI FINANZIARI
Parole chiave
  • financial dynamics
  • firm performance
  • innovation
  • mixed model
Data inizio appello
30/04/2014
Consultabilità
Completa
Riassunto (Inglese)
Riassunto (Italiano)
In order to investigate the effect of innovative efforts on firm’s growth and financial dynamics, we examine two samples of Italian SMEs in manufacturing industry; the selection process started searching for the firms that applied for patents in 2005, and selecting 249 ”top innovators” among small and medium enterprises ; then a set of comparable non-innovating firms has been chosen. Our finding shows that innovative activity is not a significant determinant of firm growth and debt level; instead innovating firms turn out to be more profitable than non-innovating.
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