Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable … sharp reduction in the firm's innovation response to exogenous demand shocks for firms just below the regulatory threshold …. We then quantitatively fit the parameters of the model to the data, finding that innovation at the macro level is about 5 …

-by-step innovation. Innovations result from costly R&D investments and move technology up one step. Competition is inversely measured by …-and-neck. All these results are consistent with the predictions of step-by-step innovation models …

focus the different roles that are played by large and small firms in the innovation process. Small firms, it is often … programs that are directed at this sector. This paper examines the differences in the innovation profiles of small and large … appropriate to reduce the impediments to innovation that they face. The paper finds a number of differences between large and …

competition-the so-called Schumpeterian hypothesis. Third, the effect of the nationality of a firm on innovation is investigated … innovations. Establishments in the 'other' food products industry tend to lead when it comes to innovation, whereas fish product …

. First, it constitutes a multidimensional approach to industry classification. As different concepts - such as innovation …

-innovators-based on their responses to 22 innovation-related questions on the survey. These groups correspond to different stages in the … capital. In later stages of the innovation life cycle-comprehensive and process innovators place great emphasis on higher debt …