may even reduce welfare. The reason is that it crowds our proprietary innovation, which on net may reduce total innovation …

innovation output as measured by patent applications. We first estimate a long-run cointegration relation using recently … developed tests and panel estimation techniques. We find that the stock of knowledge of a country, it’s R&D resources and the … stock of international knowledge move together in the long run. Then, imposing this long-run relation across variables we …

depends upon the relative strength of knowledge diffusion and increasing dominance. The first effect enhances challengers … relevant knowledge that had diffused through the industry. …

This Paper examines how different unionization structures affect firms' innovation incentives and industry employment …: ‘decentralization’ carries higher investment incentives than ‘coordination’. Labour market policy can spur innovation by decentralizing …

Successful innovation depends on the development and integration of new knowledge in the innovation process. In order … to innovate successfully, the firm will combine different innovation activities. In addition to doing own research and … development, firms typically are engaged in the acquisition of knowledge on the technology market and cooperate actively in R …