Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable … sharp reduction in the firm's innovation response to exogenous demand shocks for firms just below the regulatory threshold …. We then quantitatively fit the parameters of the model to the data, finding that innovation at the macro level is about 5 …

-by-step innovation. Innovations result from costly R&D investments and move technology up one step. Competition is inversely measured by …-and-neck. All these results are consistent with the predictions of step-by-step innovation models …

Established firms often face significant obstacles to innovation. As a solution, it has been suggested to form … monitored by their corporate sponsors, resulting in less favorable conditions for radical innovation. …

Inter-departmental innovation collaboration facilitates innovation performance. At the same time, it has been … tests hypotheses on the costs and benefits of innovation-related collaboration within firms. Based on a sample of 433 German … manufacturing firms we show inter-departmental innovation collaboration to increase process innovation performance, but also to …

Inter-departmental innovation collaboration facilitates innovation performance. At the same time, it has been … tests hypotheses on the costs and benefits of innovation-related collaboration within firms. Based on a sample of 433 German … manufacturing firms we show inter-departmental innovation collaboration to increase process innovation performance, but also to …

results confirm a complementary relationship: using both transfer channels contributes to higher innovation performance. The …