Does competitive pressure foster innovation? In addressing this important question, prior studies ignored a distinction … between discrete innovation aiming at entirely new technology and continuous improvement consisting of numerous incremental … innovation will lead to a much richer understanding of the interplay between firms' incentives to innovate and competitive …

This paper discusses the relationship between a company's investment in innovation and its success in introducing new … homogenous R&D-based knowledge production function by introducing different types of innovation investments (R&D and technology … acquisition) for different sets of companies.Using the Community Innovation Survey (CIS) dataset comprising more than 3000 Italian …

This paper deals with the complex relationship between innovation and the labor market, analyzing the impact of new …

The theory of endogenous technical change has deeply contributed to our understanding of the fundamental sources of … structure of endogenous growth models with horizontal as well as vertical innovation and emphasizing important implications for …

capital is positively influenced by the size of the R&D sector, sheds new light on innovation and growth as well as income …

This paper examines how productivity effects of human capital and innovation vary at different points of the …-technology manufacturing, average innovation performance is higher in all industries in Germany and the innovation performance distributions … investing in product innovation in the majority of industries. Frontier firms enjoy the highest returns to product innovation …

This paper discusses the determinants of product innovation in young innovative companies (YICs) by looking at in …-house R&D is linked to the propensity to introduce product innovation both in mature firms and YICs; however, innovation …