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 …

This paper addresses the relationships between innovation, research and development (R&D) and productivity in domestic … ICT firms in Costa Rica. Factors considered were the types of innovation outputs produced by domestic ICT firms, the … relative importance of innovation inputs, the impacts of innovation on firm productivity, the protection of innovations, and …

process innovation on productivity in the Chilean manufacturing industry during the past decade. In general, the evidence … suggests there is not a contemporaneous effect of product innovation on productivity, but there is a positive effect of process … innovation. This notsignificant effect of product innovation contrasts with evidence of studies for other countries. However, the …