We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …

We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …

cost implies that firms save money by smoothing innovation spending across the business cycle if they have available … so, we investigate possible differences in the innovation-cash flow link between high-tech firms and all exporters …, creation and exploitation innovation activities, persistent and non-persistent exporters. Applying a modified Euler model and …

econometric methods to extensive data on innovation and innovative activities in Swedish manufacturing. Knowledge capital, defined … as the ratio of innovation sales to total sales, is found to be a significant factor contributing to the performance …. Third, knowledge capital rises with innovation input per employee. Fourth, profitability is important for the willingness of …

recurrent knowledge investment through innovation and potential spillovers from the local milieu. The majority of the exporting … that does not engage in innovation and has scarce access to external knowledge, the level of productivity is 2-12 percent … higher for an innovative firm, depending on how innovation is defined and where the innovator is located. The annual long …

In this paper we investigate how various innovation strategies, local knowledge sources and global knowledge pipe …

When will reducing trade barriers against a low wage country cause innovation to increase in high wage regions like the … cost of innovating falls. Interestingly, the "China shock" is more likely to induce innovation than liberalization with … be faster long-run growth through innovation in the US and that, in the short run, this is magnified by the trapped …

We build a model of firm-level innovation, productivity growth and reallocation featuring endogenous entry and exit. A …