include ICT investment and R&D as the two main inputs of innovation and productivity. We find that R&D and ICT are both … strongly associated with innovation and productivity, with R&D being more important for innovation and ICT for productivity. We …

success from firm surveys along with the usual R&D expenditures and productivity measures. We then apply the model to data on … firm’s productivity, especially process innovation. Among SMEs, larger and older firms seem to be less productive …