Do political connections affect firm dynamics, innovation, and creative destruction? We study Italian firms and their … European Patent Office; (iv) the national registry of local politicians; and (v) detailed data on local elections in Italy. We … firms to invest in innovation and/or political connection to advance their productivity and to overcome certain market …

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 …

contribution of innovation in general to productivity growth is almost nil in Italy during this period … presents some empirical evidence on the effects of innovation on employment growth and therefore on firms' productivity with … stemming from process innovation. The sources of employment growth during the period are split equally between the net …

This paper compares the role innovation plays in productivity across the four European countries France, Germany, Spain … and the UK using firm-level data from the internationally harmonized Community Innovation Surveys (CIS3). Despite a … still rare. We apply a structural model that describes the link between R&D expenditure, innovation output and productivity …

This paper proposes a framework to account for innovation similar to the usual accounting framework in production … analysis and a measure of innovativity comparable to that of total factor productivity. This innovation accounting framework is … illustrated using micro-aggregated firm data from the first Community Innovation Surveys (CIS1) for seven European countries …

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 …