national innovation systems. The study also analyses the factors behind this industry's poor productivity growth. A scenario …

. The business services industry has an important role in the national innovation system and in knowledge spillovers to … other industries. The innovation contribution of business services to the rest of the economy may countervail the effect of …

-improving product innovation. We explicitly introduce product market characteristics into the analysis with the aim to identify their … capitalist. The entrepreneur has incentives to distort the innovation strategy so as to make an IPO the preferred exit. We derive …

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 …

play a role in the contemporaneous evolution of innovation in a broad cross section of countries today. Our results …, while 'home grown' innovation is more sensitive to internal structural and institutional factors. …

An analytical innovation enhances microeconomics, enabling it to answer all questions of macroeconomics. It combines …

This paper presents the stylized facts of open source software innovation and provides empirical evidence on the impact … formal model that captures the innovation impact of OSS entry by examining a change in market structure from monopoly to …

innovative activities. While the vital importance of innovation in today’s competitive climate has been widely proclaimed, our … contributes the understanding of innovation in service organisations by exploring past and present perceptions of banks' senior …