This paper discusses the relationship between a company's investment in innovation and its success in introducing new … homogenous R&D-based knowledge production function by introducing different types of innovation investments (R&D and technology … acquisition) for different sets of companies. Using the Community Innovation Survey (CIS) dataset comprising more than 3000 …

subsample of 2,949 firms from the third European Community Innovation Survey (CIS 3). A bivariate probit analysis framework is … innovation intensity. This paper also discusses an alternative test procedure that permits an extension of Cragg's test in the … analysis of survey data with weighted observations. Results show that R&D is strictly linked to product innovation, while TA is …