firm level. The first part of our analysis is dedicated to the determinants of innovation and reveals two different … innovation regimes. On the one hand, radical innovations rely strongly on firm-level spillovers, including property rights, and … innovation height matters. We also find evidence that TFP growth is better represented by an upward shift of the production …

process innovations, this paper reports new results on the relationship between innovation and employment growth in Germany … CIS data. It establishes a theoretical link between employment growth and innovation output. The econometric analysis …

products. Firms' weakly favour a process innovation if the degree of product differentiation (competition) is high (low). In … product innovation are found to be the critical assumptions in the sense of Milgrom and Roberts (1994). …

firm’s decision between a product and process innovation. When firms have to choose between the two types of innovation, it … is demonstrated that both firms undertake the product innovation when the competi-tion is intense. For intermediate … depending on the innovation cost structure. Again, the firms are willing to incur higher costs into product innovations, when …