innovation. Unlike previous literature based on survey data, we exploit the observed pattern of contributions - the .revealed …

This paper proposes a framework to account for innovation similar to the usual accounting framework in production … analysis and a measure of innovativity comparable to that of total factor productivity. This innovation accounting framework is … illustrated using micro-aggregated firm data from the first Community Innovation Surveys (CIS1) for seven European countries …

its innovation system and the interplay between the firm and the non-firm sector. We argue that, in any economy, when … generated a sub-optimal outcome. Market forces did not result in the western-style innovation system, but a hybrid one, with …-down" supply-driven allocation of resources and a reliance on external (but domestic) network of sources for innovation and capital …

Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for …

We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …

We find that institutional ownership in publicly traded companies is associated with more innovation (measured by cite …, policy changes and disaggregating by type of owner we find that the effect of institutions on innovation does not appear to …

This paper examines the links between ownership, innovation and exporting in electronics firms in three late … trade and innovation and learning. Technology-based approaches to trade offer a plausible explanation for firm …-level exporting behavior. The econometric results (using probit) confirm the importance of foreign ownership and innovation in …

This paper analyzes empirically the channels through which university research affects industry innovation. We examine … innovation systems. We find that creation of a new university department increased regional innovation activity 3-4 years later …