Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for …

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 …

innovation and knowledge management and their impact on performance at the firm level for a number of countries. These studies … have been conducted using data drawn from innovation surveys combined with data from a number of other sources. The issue … illustrates the value of these surveys in improving our understanding of innovation in firms and raises a number of questions 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 …

innovative performance measured as turnover due to innovation, but not between patenting and subsequent employment growth. The …

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 …