This paper analyses the relationship between past innovation output, competition, and future innovation input in a … results for both countries. Innovation output in t-1 as measured by the sales share of innovative products is positively …

Innovation is the major driver of economic growth and development. To analyze innovation processes the restriction of a … framework suited to the analysis of innovation towards the industrial sphere of an economy is not sufficient because of the … important co-evolutionary dimensions of innovation. Instead, a comprehensive economic theoretical approach is needed which …