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Guest Lecture: Chiara Criscuolo - Cross-country differences in firm growth and in what happens when firms patent: new evidence from micro data

Page updated Mar 16, 2015

Event Details

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Presentation material for Chiara Criscuolo's lecture to be presented at the Treasury on 13 March 2015.

Abstract

The presentation will discuss the results of new OECD research. First, exploiting the newly created DYNEMP database, a new dataset based on microaggregated data from confidential sources (e.g. business registers) across 18 countries over the period 2001-2011, we look at firm dynamics and cross country differences in the extent to which firms are able to upscale. Second,  exploits new longitudinal data on firm performance and patenting activity for 23 OECD countries over the period 2003-2010 we explore the extent to which innovative firms are able to upscale across countries..The analysis reveal important differences across countries in the extent to which patenting firms innovative firms can attract the complementary tangible resources - labour and capital - that are required to implement and commercialise new ideas. When exploring the role of policies in explaining these difference, we find that well-functioning product, labour and capital markets; efficient judicial systems and bankruptcy laws that do not overly penalise failure are associated with higher returns to innovative activity.

About Chiara Criscuolo

CHIARA CRISCUOLO is a senior economist in the OECD Structural Policy division of the Science Technology and Innovation Directorate working on entrepreneurship, enterprise dynamics, productivity and policy evaluation. She is also a research associate at the Centre for Economic Performance (CEP) at the London School of Economics. She is co-ordinating large cross-country microdata projects on employment dynamics and on productivity. Prior to joining OECD, she was Research Fellow at the Centre for Economic Performance, London School of Economics. She has been involved in industrial policies evaluations and has coordinated large cross-country microeconometric studies on innovation. In 2009, she was part of the Expert Group on Impacts of R&D Tax Incentives of the European Commission. In 2011 she prepared a testimony for the US-Senate Finance Committee on R&D tax credits She has published in different peer reviewed journals. Chiara is part of the editorial board of OECD Journal: Economic Studies and a member of the research board of the Big Innovation Centre in the UK.

She holds a doctoral degree in Economics from University College London.

Note: Papers, presentation slides and any other material provided by the Guest Lecturer will be made available some time after the lecture at Publications > Media & Speeches > Guest Lectures by Visiting Academics.