@article{47780, author = {Battisti, Michele;}, url = {http://tind.wipo.int/record/47780}, title = {COVID-19, Innovative Firms and Resilience : Economic Research Working Paper No. 73.}, abstract = {This paper explores the empirical association between patents and various indicators of firm resilience during the COVID-19 pandemic with worldwide firm-level data from manufacturing industries. The study shows that patent-intensive firms have a reduced probability of exit, in particular if they are larger and if engaging with complementary investments in R&D and other intangibles. Additional estimates show that firm productivity has been an important transmission channel. Taken together, the results presented in the paper offer evidence-based findings pointing to patents as an important potential factor contributing to firm resilience during the COVID-19 pandemic. Policy insights are discussed.}, doi = {https://doi.org/10.34667/tind.47780}, recid = {47780}, pages = {57 pages ;}, }