productivity and the rate of innovation. These predictions accord well with the results from our firm interviews. The model …

innovation policy in the context of EU economic law (competition policy, intellectual property law, sector regulation). As such … law that moves beyond apparent conflicts and assumes innovation as the starting point. Taking this as the foundation, the … analytical grid to be used to identify ways in which economic law impacts innovation, and second an applied component that …

. Innovation requires the exploration of new ideas with potential advantages but unknown probability of success. We show that it is … equity to innovation and creative destruction and also generates new predictions concerning the determinants of going public …

endogenous share opts for innovation and faces credit constraints in the subsequent expansion phase. We emphasize four results …: (i) R&D subsidies not only encourage innovation but also relax finance constraints and help innovative firms to exploit … investment of constrained firms by reducing free cash-flow and thereby discourage innovation. (iii) A revenue neutral increase in …

constraints affect a firm's innovation and export activities. Theoretical predictions are tested using unique firm survey data … these constraints force export and innovation activities to become substitutes even when these activities are natural …

We study the contribution of foreign science and engineering talent to the creation of new knowledge in the U … domestic graduate students are central inputs into knowledge creation, and the marginal foreign student contributes more to the …-quality foreign students is most costly for U.S. innovation. Increased diversity appears to be the primary mechanism by which foreign …

We investigate whether inward FDI, either at the firm or industry level, has any impact on product innovation by … that export, invest in human capital or R&D, or have prior innovation experience. We also find that SOEs with internal R …

Using a game theoretical model on firms' simultaneous investments in product and process innovation, we deduct and … and in independently competing firms. We use Community Innovation Survey data on Italian manufacturing firms. Theoretical …

We propose an endogenous growth model with offshoring to investigate its effects on product innovation and growth in …

future of innovation? First-rate inventions in the 1990s, notably the web and user-friendly business productivity software … markets that welcome innovation, while Europe remains under the control of corporatist institutions that dampen competition …