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 …

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 …

linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its … strength. Past innovation network structures are calculated using citation patterns across technology classes during 1975 … predictive power on future innovation after 1995. This pattern is consistent with the idea that when there is more past upstream …

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 …

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 …