This paper investigates the relationship between product market competition and innovation. It uses the radical policy … competition and patenting. It then develops an endogenousm growth model with step-by-step innovation that can deliver this … inverted-U pattern.In this model, competition has an ambiguous effect on innovation. On the one hand, it discourages laggard …

interaction among firm-level internationalization, innovation and productivity across seven European countries (Austria, France …-level characteristics across countries and sectors. We also find that the positive correlation between internationalization and innovation … internationalization goes beyond export and because, in the medium to long term, internationalization is likely driven by innovation. We …

long-run growth by increasing the profit from innovation. In the short run, factors of production must be reallocated … inside firms, which lowers the opportunity cost of innovation, generating an additional “trapped factor” effect. Starting …

interaction among firm-level internationalization, innovation and productivity across seven European countries (Austria, France …-level characteristics across countries and sectors. We also find that the positive correlation between internationalization and innovation … internationalization goes beyond export and because, in the medium-to-long term, internationalization is driven by innovation. We recommend …

, higher rates of innovation and faster employment growth. Second, there is a substantial dispersion of management practices …

We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …