We study a stochastic dynamic game of process innovation in which firms can initiate and terminate R&D efforts and …

incentive for innovation may also be stronger under decentralized unions. Unions have a clear preference for centralization only …

being a generalist does not seem to be important in this regard. Finally, we find that innovation positively moderates the …

Innovation and technological change are central to the quest for regional development. In the globally … structure characterised by its extent of specialisation, competition and diversity, to yield innovation and productivity growth … (diversity) and Porter externalities (competition) that have provided alternative explanations for innovation and urban growth …

-2005. Innovation outcomes are measured by means of the number of patent applications per million inhabitants. Given the geographical … concentration and subsequent diffusion of innovation activity, and the spatial selectivity of immigrants' location choices, we take … of McDonald's restaurants as a novel instrument for immigration. The results confirm that innovation is clearly a …

In recent decades there have been an enormous number of studies about innovation systems, partly inspired by a great … development strategies. Despite different perspectives, most studies highlight knowledge creation and innovation as the major … drivers of change and growth. This consensus disappears, however, as soon as the complexity of innovation and knowledge are …

Portuguese strategic choices regarding innovation and R&D policy have, over the past two decades, produced various … firms' contribution to national and regional growth, their obstacles and impacts. For the purpose of this paper, innovation … the present performance of Portuguese firms located throughout the country and to explore those innovation determinants …

The importance of knowledge spillovers for achieving innovation and economic growth is widely recognized. It is not … this controversy using a model of regional growth. The model also deals with the impact of local competition on innovation …