The global crisis and firms' investments in innovation
Has this study been replicated?
The atlas records 1 replication of this study. Recorded outcomes: 1 successful.
Replications
- The impact of exogenous shocks on the innovation performance of firms in the Caribbean small island economies: Quasi-replication of Paunov (2012), Piperopoulos et al. (2023). Outcome recorded: successful.
Using Probit regression, we confirm that, like the GFC, the COVID-19 shock led many firms to stop ongoing innovation projects, corroborating Paunov's original findings
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