This paper presents a dynamic partial equilibrium model that endogenizes firms' investment decision on innovation …: product innovation causes horizontal expansion growth, and process innovation causes vertical expansion growth. Market … structure in different markets emerges as a consequence of different investment on innovation opportunities. Main variables that …

Innovation Systems constitute an analysis framework, which allows comprehending the socio-economic structure of a …

for innovation at home. We suggest a combination of three factors to identify and explain such innovation strategies … customers as a source for innovation that is more beneficial to standardized products and becomes more feasible if the lead … regulation. Hence, companies optimize or augment their innovation activities by invoking ideas from foreign suppliers. Then again …

are taken into account. The paper proposes a theory of innovation and market structure, showing that the relation between … innovation and competition depends on horizontal spillovers, vertical spillovers, and cooperative settings. The private …

-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 …

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 …