This paper compares the role innovation plays in productivity across the four European countries France, Germany, Spain … still rare. We apply a structural model that describes the link between R&D expenditure, innovation output and productivity … (CDM model). Our econometric results suggest that overall the systems driving innovation and productivity are remarkably …

productivity is endogenously enhanced? To address these questions, we focus on the dynamic effect of trade, in particular, how … trade affects the incentives for technological advancement. We construct an innovation-based endogenous growth model of … North-South trade. There are two types of innovation: one by the North to upgrade the general purpose technology (GPT) and …

How do innovation and education policy affect individual career choice and aggregate productivity? This paper analyzes … the various layers that connect R&D subsidies and higher education policy to productivity growth. We put the development … about the links between talent, higher education, and innovation. We use these facts to calibrate the model and study …

. To understand how these changing firm demographics have affected growth, we decompose productivity growth into the firms …

process and product innovation. Both these kinds of innovation have a positive impact on firm's productivity, especially …Innovation in SMEs exhibits some peculiar features that most traditional indicators of innovation activity do not … capture. Therefore, in this paper, we develop a structural model of innovation which incorporates information on innovation …

presents some empirical evidence on the effects of innovation on employment growth and therefore on firms' productivity with … contribution of innovation in general to productivity growth is almost nil in Italy during this period … stemming from process innovation. The sources of employment growth during the period are split equally between the net …

productivity growth at the aggregate and firm level during the post-war period. Growth is driven by the development of both (i … variance of aggregate productivity growth is determined mainly by the arrival rate of general innovations. Ceteris paribus, the … increase in firm-level volatility, and a decline in aggregate volatility. The effect on productivity growth is ambiguous. On …