We model a key step in the innovation process, hypothesis generation, as the making of predictions over a vast …, they use artificial intelligence (AI) instead. We model innovation as resulting from sequential search over a combinatorial … innovation outcomes of interest - the probability of innovation, expected search duration, and expected profit. We describe …

This paper examines whether there are complementarities between investments in ICT, R&D and organizational innovation … return of 9.7%, followed by 6% to 7% on organizational innovation and a modest 1.4% to 1.8% on R&D in services and …

After presenting the history, the evolution and the content of innovation surveys, we discuss the characteristics of … have been made of these data: the construction of scoreboards for monitoring innovation and the scholarly analysis of … various issue related to innovation. In particular we review the questions examined and the results obtained regarding the …

The development prospects of a poor country depend in part on its capacity for innovation. The productivity of its …

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 …

This paper compares the contribution of R&D to innovation in terms of the various innovation output measures provided … by the third Community Innovation Survey (CIS 3) for French manufacturing firms and in terms of accounting for inter …-industry innovation differences …

In this paper, we put forward the idea of an innovation accounting framework and consider two main indicators based on … it: expected innovation and innovativeness. The framework is the analogue of the standard framework of economic growth … idea using data from the European Community Innovation Surveys (CIS1 and CIS2) and measuring innovation by the share of …