This paper studies the dynamic relationship between input and output of innovation in Dutch manufacturing using an … unbalanced panel of enterprise data from five waves of the Community Innovation Survey during 1994-2004. We estimate by maximum … persistence of innovation input and innovation output, a lag effect of the former on the latter and a feedback effect of the …

This paper addresses the question whether innovation is within reach for small enterprises in developing economies by … starts with reviewing definitions of innovation since Schumpeter. It concludes that newness, value creation and process are … time and again considered as the key-elements of innovation. Innovation, hence, may be summarized as the process of …