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041 _afre
042 _adc
100 1 0 _aFarace, Salvatore
_eauthor
700 1 0 _a Mazzotta, Fernanda
_eauthor
245 0 0 _aThe effect of human capital and networks on knowledge and innovation in SMEs
260 _c2015.
500 _a6
520 _aThis paper proposes a framework to analyze knowledge creation in traditional sectors and empirically test innovation probability and intensity in small and medium firms (SMEs). The underlying hypothesis is that human capital and networks favour ease of learning and promote absorptive capacity and knowledge, which in turn fosters innovation in SMEs in traditional sectors. The empirical evidence is based on an ad hoc survey of a representative sample of 462 manufacturing firms in a province in Southern Italy. A probit model is used to investigate the determinants of innovation while the intensity is analyzed with a Poisson regression. The results confirm that the human capital of entrepreneurs and workers as well as the networks inside the firm has a positive effect on innovation, and the firm’s production chain constitutes the most important external network in terms of knowledge and innovation.JEL Codes: D83, O31, J24, L1, C25
690 _aInnovation
690 _aKnowledge
690 _aSmall-Medium Firms
690 _aEconometric Models for Qualitative Dependent Variables
690 _aHuman Capital
690 _aNetworks
786 0 _nJournal of Innovation Economics & Management | o 16 | 1 | 2015-01-29 | p. 39-71
856 4 1 _uhttps://shs.cairn.info/journal-of-innovation-economics-2015-1-page-39?lang=en
999 _c178607
_d178607