Our study shows empirically that the choice of resource allocation strategy affects innovation performance. A policy of … allocating resources to a broader range of innovation projects increases sales of new products, especially if these are truly … stronger for firms that allocate resources more selectively at later stages of the innovation process. Based on these results …

Innovation activities in the German enterprise sector showed two opposing trends over the past two decades: While total … innovation expenditures grew substantially, the number of firms conducting innovation activities fell sharply. Innovation … expenditures hence concentrate on fewer firms. In this paper we analyse the evolution of firms' innovation and R&D activities …

In October 2013, the European Commission presented a new indicator intended to capture innovation outputs and outcomes … usefulness of the new indicator against the background of the difficulties in measuring innovation outputs and outcomes. We … develop a unique conceptual framework for measuring innovation outcomes that distinguishes structural change and structural …

and measurement approaches used in the Community Innovation Surveys. While controlling for firm size, age and sector, we …