), allows for causal interpretation of the relationship between innovation output and labor productivity. We find that knowledge … intensive services benefit from innovation activities in the sense that these activities causally increase their labor …

While the extant innovation literature has provided extensive evidence of the so-called "demand-pull" effect, the … possible diverse impact of demand evolution on product vs process innovation activities has not been yet investigated. This … innovation. This prediction is then tested through a dynamic microeconometric model, controlling for R&D persistence, sample …