Innovation in SMEs exhibits some peculiar features that most traditional indicators of innovation activity do not … capture. Therefore, in this paper, we develop a structural model of innovation which incorporates information on innovation … process and product innovation. Both these kinds of innovation have a positive impact on firm's productivity, especially …

or stifle innovation. Using three distinct sources of variation to identify rising trade exposure, we provide a causal …-level and technology class-level patent production. Accompanying this fall in innovation, global employment, sales …

This paper documents the increasing importance of software for successful innovation in manufacturing sectors well …

This paper examines the impact of government assistance through R&D grants on innovation output for firms in New … the world while its effects on process innovation and any product innovation are relatively much weaker. Moreover, there …

innovative performance measured as turnover due to innovation, but not between patenting and subsequent employment growth. The …

There is great interest in evaluating the impact of private equity investments on innovation and economic growth …. However, there is no direct empirical evidence on the effects of such transactions on the innovation strategies of … Business Innovation Research (SBIR) program research awards. We find that SBIR firms attracting private equity investments are …

Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar …

innovation through either its commercialization or licensing. In addition to the prevention of copying, the most prominent …