This paper examines the impact of government assistance through R&D grants on innovation output for firms in New … Operation Survey, we find that receiving a grant almost doubles the probability that a firm introduces new goods and services to … the world while its effects on process innovation and any product innovation are relatively much weaker. Moreover, there …

have made it possible to trade in some business and computing services that were previously considered non-tradable. This …

A new interest in the role of services in world transactions has been generated by the current efforts of the U. S …. Government to reduce barriers to international trade in services.The paper distinguishes four different classifications of … economic activities between services and corrmodities. Service industries -- those producing non-storable outputs -- have been …

This paper addresses a longstanding puzzle involving the unbundling of services that has occurred over more than two … decades in the U.S. advertising agency industry: How can the shift from the bundling to the unbundling of services be … Salinger (2005, 2008), we develop a simple model of an advertising agency's decision to unbundle its services as a tradeoff …

There is great interest in evaluating the impact of private equity investments on innovation and economic growth …. However, there is no direct empirical evidence on the effects of such transactions on the innovation strategies of … Business Innovation Research (SBIR) program research awards. We find that SBIR firms attracting private equity investments are …

This paper examines the relation between ownership, corporate form, and innovation for a cross-section of private and …: while most innovating firms in the US are publicly traded conglomerates, a substantial fraction of innovation is … countries, where business groups tend to be concentrated in industries with a slower and more fundamental innovation cycle and …

Existing theories and empirical research on how innovation occurs largely assume that innovativeness is an inherent … differently than those who do self-select into innovating. To test these questions, we designed and implemented an innovation …

effect on innovation. We develop a simple "trapped factor" model of innovation that is consistent with these empirical …

views within the energy innovation policy literature. In general, this literature has suggested that greatly increasing … rates of energy innovation requires creating significant demand for low carbon technologies, substantially increased federal … private sector investment in innovation. Each history also confirms the centrality of publicly funded research to the …