Korean setting where the national government sets rules governing applications. We identify some basic facts about the …

Industry cost and demand conditions can vary across countries leading to differences in industry market structure … Taiwan and identify a number of systematic differences in industry structure between the two countries. Our empirical … market structure, more producer turnover, smaller within-industry productivity dispersion across producers, a smaller …

This paper analyzes how institutional differences affect university entrepreneurship. We focus on ownership of faculty … to own inventions from publicly funded research, whereas in Sweden, the professor privilege gives the university faculty …

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 …