Innovation in SMEs exhibits some peculiar features that most traditional indicators of innovation activity do not … capture. Therefore, in this paper, we develop a structural model of innovation which incorporates information on innovation … both process and product innovation. Both these kinds of innovation have a positive impact on firm's productivity …

product and process innovation (simultaneously adopting new machines and organizational practices) and adopt foreign … technologies, leading to higher productivity. We propose a model of endogenous selection and innovation in heterogeneous firms that … jointly explains the observed selection process and the innovation decisions. Further, we show in the data that innovation on …

as sources of relative innovation underperformance in Europe vis-à-vis the United States. In this paper we investigate R …) that has been modified to include ICT investment and R&D as the two main inputs into innovation and productivity. We find … that R&D and ICT are both strongly associated with innovation and productivity, with R&D being more important for …

What do we know about the relationship between innovation and productivity among firms? The workhorse model of this … innovation are derived. The recent empirical evidence on the relationship between innovation and productivity in firms is then … surveyed. The conclusion is that there are substantial positive impacts of product innovation on revenue productivity, but that …

This paper examines whether there are complementarities between investments in ICT, R&D and organizational innovation … return of 9.7%, followed by 6% to 7% on organizational innovation and a modest 1.4% to 1.8% on R&D in services and …

or stifle innovation. Using three distinct sources of variation to identify rising trade exposure, we provide a causal …-level and technology class-level patent production. Accompanying this fall in innovation, global employment, sales …

This paper examines the impact of government assistance through R&D grants on innovation output for firms in New … the world while its effects on process innovation and any product innovation are relatively much weaker. Moreover, there …

knowledge acquisition (A), implementing written knowledge management rules (W). The French 1998-2000 Community Innovation Survey …

This paper documents the increasing importance of software for successful innovation in manufacturing sectors well …