Innovation is crucial to economic development. Innovation expenditures in Germany's business sector as well as public funding for science and research have been increasing in the past decade. However, the share of businesses with innovations - especially among the small- and medium-sized ones -...

The process of firms??? growth ??? in terms of productivity or employment ??? is a major concern of policy makers. In this context, innovations are considered to play a crucial role in stimulating firms??? performance. This book investigates this general hypothesis by looking at three topics: 1....