We consider an R&D-driven endogenous growth model in which innovation is risky and agents are risk averse. Growth is … social insurance, thus encouraging innovation and accelerating growth. The general equilibrium effects of the reallocation of …

This paper estimates the effect of innovation on employment at the firm level. Our uniquely long innovation panel data … set of German manufacturing firms covers more than 20 years and allows us to use various innovation measures. We can … distinguish between product and process innovations as well as between innovation inputs and innovation outputs. Using dynamic …

Substantial elements of innovation have been observable during recent years in rig supply, in particular regarding …

This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …

This paper estimates the effect of innovation on employment at the firm level. Our uniquely long innovation panel data … set of German manufacturing firms covers more than 20 years and allows us to use various innovation measures. We can … distinguish between product and process innovations as well as between innovation inputs and innovation outputs. Using dynamic …

at the firm level. Product innovation is a key factor for successful market entry in models of creative destruction and … Schumpeterian growth. Process innovation helps securing a firm's market position given the characteristics of its product supply …. Both modes of innovation are expected to raise a firm's propensity to export. According to new trade theory, we conjecture …