The real business cycle literature has largely ignored the empirical question of what role technology shocks actually … play in business cycles. The observed procyclicality of total factor productivity (TFP) does not prove that technology … other reasons. I address the role of technology by investigating the dynamic interactions of inputs, TFP and two observable …

, and reallocation of capital. This finding applies mainly for obsolescence of core innovation and embodied innovation, and … profits of obsolescent firms. The measure contains incremental information about firm innovation relative to measures focusing … on new innovation …

Do political connections affect firm dynamics, innovation, and creative destruction? We study Italian firms and their … firms to invest in innovation and/or political connection to advance their productivity and to overcome certain market …

, vertical linkages with foreign firms, and international trade on several types of innovation by domestic firms. Using … and innovation and show that the supply chain of multinational enterprises and international trade are also important … channels. There is no evidence for an inverted U relationship between innovation and foreign competition. The relationship …

factor of economic performance. The larger the firms and the stronger their connection with technology intensive industries … knowledge acquisition (A), implementing written knowledge management rules (W). The French 1998-2000 Community Innovation Survey …

quality, follow-on innovation. Winning a first patent boosts a startup's subsequent growth and innovation by facilitating …