fundamental determinants of the patterns of innovation, the demand structure plays a crucial role in preventing the emergence of …

We embed the innovation production function in a model that analyzes the impact of innovation output on manufacturing … revenue approach enables a 'demand-shift' interpretation of the contribution of innovation to MFP growth. We apply different … sets of instrumental variables and different estimation methods to estimate simultaneously the returns from innovation …

This paper proposes a framework for examining factors that affect innovation in sectors: sectoral systems. Sectoral … part of this paper, the concept and the definition of a sectoral systems of innovation are presented. In the second part of …