-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …

We empirically investigate whether the persistence of politicians in political institutions affects the innovation …’ innovation activity. However, once the causal effect is isolated by means of instrumental variables, using death of politicians … persistence and the probability of process innovation. This finding is consistent with the view that political stability may …

We analyze the relationship between legal institutions, innovation and growth. We compare a rigid (law set ex … welfare, amount of innovation and output growth at intermediate stages of technological development - periods when legal …

environmentally-related taxes and tradable permits is likely to lead to greater technological innovation than more direct forms of … aspects of product and labour market regulation which have implications for technological innovation, such as product and …

This paper studies the dynamic relationship between input and output of innovation in Dutch manufacturing using an … unbalanced panel of enterprise data from five waves of the Community Innovation Survey during 1994-2004. We estimate by maximum … persistence of innovation input and innovation output, a lag effect of the former on the latter and a feedback effect of the …

defend their monopoly position and prevent innovation and entry of high-quality competitors. This requires that the incumbent … quality upgrade related to innovation. Consistently with our empirical findings, the model delivers a negative association …

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 …

of a consumer increases with aggregate consumption. The post-innovation network consists of two compatible sub … underinvest in innovation. …