We take a fresh look at firms' innovation-productivity linkages, using novel data capturing new aspects of innovative … activity. We combine UK administrative microdata, media and website content to develop experimental metrics - new product …, trademarks and innovation surveys. We also establish connections between launches and previous innovative activity. We then link …

greater survival is achieved when startups engage successfully in both product innovation and process innovation, with a key …

satiation. This, despite that the social costs of innovation are second order compared to their social benefits. Multiple … savings reduces interest rates, which boosts the rate of innovation. When TFP grows exogenously and labor supply is …

), allows for causal interpretation of the relationship between innovation output and labor productivity. We find that knowledge … productivity - hold for knowledge intensive services. Combining the models of Crepon et al. (1998) and of Ackerberg et al. (2015 … intensive services benefit from innovation activities in the sense that these activities causally increase their labor …

inequality, and higher productivity growth through automation. In this paper we critically re-assess these predictions by (i …) surveying the recent literature and (ii) incorporating AI-facilitated automation into a product variety-model, frequently used … aggregate demand. A second is that the predictions of AI causing massive job losses and faster growth in productivity and GDP …

This paper examines how productivity effects of human capital and innovation vary at different points of the … investing in product innovation in the majority of industries. Frontier firms enjoy the highest returns to product innovation … conditional productivity distribution. Our analysis draws upon two large unbalanced panels of 6,634 enterprises in Germany and 14 …

training leads to more product and process innovation, with on-the-job training playing a role that is as important as … stock through firm-sponsored training might lead to more innovation. We test this hypothesis using detailed data on firms …' human capital investments and innovation performance, the Canadian longitudinal linked employer-employee data from 1999 …

innovation on firm survival and firm productivity, which constitute the two main channels through which innovation drives growth …-linearity and volatility in the gains from R&D/innovation, particularly in terms of its effects on firm survival and productivity … perspectives that inform the empirical models allow for heterogeneity in the effects of R&D/innovation on firm survival and …

In this paper, we describe the historical co-evolution of innovation and economic growth in Germany since 1871. The … country's rise as an industrial power in the late 19th century, through its innovation and entrepreneurial performance, is … nevertheless a period during which innovation went into relative decline. We document this decline and offer four broad …