Economic crisis and innovation: Is destruction prevailing over accumulation?

By Daniele Archibugi, Andrea Filippetti, M. Frenz. 2013

428 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Political Science and International Relations

View Paper: https://www.semanticscholar.org/paper/67edb8621ea40f15667855359ec8b5b4da183a7e

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Citations in the corpus

Access to finance for innovative SMEs since the financial crisis (2015, background): “Policies to address this may include those which help ensure new innovative companies are established, although identifying the firms likely to innovate and grow may be challenging (Archibugi et al., 2013b; Mason and Brown, 2013).”
Temporary business model innovation – SMEs’ innovation response to the Covid‐19 crisis (2021, background): “It has been shown that firms pursuing more explorative strategies toward new product and market developments are those that cope better with crises (Archibugi et al., 2013).”
No money, no honey? Financial versus knowledge and demand constraints on innovation (2017, background): “2 Recent micro and macro level empirical evidence on the effects of the economic downturn on innovation investments by firms and countries, is provided in Archibugi and Filippetti, 2011; Archibugi et al., 2013).”
Did the global financial crisis impact firms' innovation performance? The role of internal and external knowledge capabilities in high and low tech industries (2018, positive): “The global financial crisis has made business opportunities less certain forcing companies to postpone long-term innovation investments (Archibugi et al., 2013; Cincera et al., 2012; Colombo et al., 2016; Filippetti and Archibugi, 2011; Paunov, 2012).”
Additionality or crowding-out? An overall evaluation of public R&D subsidy on private R&D expenditure (2016, background): “Due to the 2007-2009 financial and economic crisis, the GDP decline has often been followed by a substantial drop in long-term investments in innovation (Filipetti and Archibugi, 2011; Archibugi et al., 2013) and a rising fear of industrial R&D delocalization.”
The economics of COVID-19: initial empirical evidence on how family firms in five European countries cope with the corona crisis (2020, result): “Contribution 3: innovation and digitalization Our findings support previous research (e.g. Archibugi et al. (2013), Seeger et al. (2005)) showing that external shocks may trigger adaptation and innovation by organizations.”