This paper analyses the relationship between past innovation output, competition, and future innovation input in a … results for both countries. Innovation output in t-1 as measured by the sales share of innovative products is positively …

as reduced remuneration and job loss. However, managers might over-invest into innovation for reasons of growth implying … their own interests. When entrenched, managers do not fear detrimental effects of risky innovation projects on their career …, and hence tend to over-invest into innovation …

Recent years have shown a surge of firms globalising their innovation activities in order to gain from international … stronger dispersed international R&D activities hamper or stimulate innovation. Second, we employ two well-established market …-based indicators for innovation (introduction of and sales growth rates due to new products) instead of looking at inventions (patents …

Knowledge spillovers to competitors are regarded as an important aspect of the innovation process. While a company …