to enable innovations, and thus improve productivity. We hypothesize that a knowledge stock of process-oriented R …&D increases total factor productivity growth by leveraging traditional forms of capital and labor, and further enhances the … ability of IT capital to increase productivity. We estimate these relationships using two broad panels of US industries …

This paper studies the interaction between production subsidies and innovation subsidies. We develop a model which … understand how firms react to each type of subsidy. In a three-stage game, the government chooses production and innovation … crowd out innovation, since they reduce the gain for firms from investing in R&D. On the other hand, providing a production …

What do we know about the relationship between innovation and productivity among firms? The workhorse model of this … innovation are derived. The recent empirical evidence on the relationship between innovation and productivity in firms is then … surveyed. The conclusion is that there are substantial positive impacts of product innovation on revenue productivity, but that …

This paper studies the interaction between production subsidies and innovation subsidies. We develop a model which … understand how firms react to each type of subsidy. In a three-stage game, the government chooses production and innovation … crowd out innovation. On the other hand, providing a production subsidy reduces the cost of the innovation subsidy, and vice …

positively influence R&D expenditure, the number of patent applications and total factor productivity (TFP). The results show … of R&D, whereas for the number of patent applications and total factor productivity, the effect increases for the highest …

intensity on regional innovation and productivity. This negative effect of regional regulation is not only statistically …This paper estimates the average effect of regulatory intensity and administrative redtape on productivity and … innovation. For this purpose we exploit the exogenous variation of the decentralization process that has taken place in Spain …