Griffith, Rachel; Huergo, Elena; MAIRESSE, Jacques; … - National Bureau of Economic Research (NBER) - 2006
This paper compares the role innovation plays in productivity across the four European countries France, Germany, Spain … still rare. We apply a structural model that describes the link between R&D expenditure, innovation output and productivity … (CDM model). Our econometric results suggest that overall the systems driving innovation and productivity are remarkably …