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 … process and product innovation. Both these kinds of innovation have a positive impact on firm's productivity, especially …

Australia from 1991 to 2006. Our analysis incorporates both the direct effect from increased import competition, and indirect … in Australia. The largest impacts from growth in Chinese imports are found for manufacturing industries most exposed to …