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 …

There is growing evidence that firms increasingly adopt open innovation practices. In this paper we investigate the … impact of two such external knowledge acquisition strategies, 'buy' and 'cooperate', on firm's product innovation performance … while both 'buy' and 'cooperate' have a positive effect on innovation, there is little statistical evidence that using them …

We propose a model where both R&D and ICT investment feed into a system of three innovation output equations (product …, process and organizational innovation), which ultimately feeds into a productivity equation. We find that ICT investment and … usage are important drivers of innovation in both manufacturing and services. Doing more R&D has a positive effect on …

We propose a model where both R&D and ICT investment feed into a system of three innovation output equations (product …, process and organizational innovation), which ultimately feeds into a productivity equation. We find that ICT investment and … usage are important drivers of innovation in both manufacturing and services. Doing more R&D has a positive effect on …

The employment impact of innovation in the heterogeneous universe of services was studied using data from the 2004 …-2009 Uruguayan service innovation surveys. The empirical evidence shows that the impact of product innovation on employment is … positive, while process innovation appears to have no effect. The effect varies according to the skill level of the labor force …

The aim of this paper is to analyze the relationship between innovation and employment, in terms of both its quantity … and quality, in Uruguay. The effect of product and process innovation on employment growth and on employment composition … in terms of skills was studied, using data from manufacturing firms' innovation surveys, matched against economic …

This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …

Using a unique panel data of Dutch innovation and financial variables we empirically investigate how financing and … innovation vary across firm characteristics. The study also tries to gauge the extent of market failure due to the presence of …, debt financing and innovation choices are not independent of firm characteristics such as age, size, and existing leverage …

This paper studies the links between productivity, innovation and research at the firm level. We introduce three new … features: (i) A structural model that explains productivity by innovation output, and innovation output by research investment … of firms engage in research activities and/or apply for patents; productivity, innovation and research are endogenously …

This paper studies the degree to which innovation by Costa Rican manufacturing firms creates or displaces employment …, how different innovation strategies affect employment, and how these effects vary by firm size and type of employment … process innovations on employment growth. Particular attention is paid to identifying innovation impacts on employment …