This paper investigates whether firms innovate persistently or discontinuously over time using an innovation panel data … individual heterogeneity in explaining the persistence of innovation. … set on German manufacturing and service firms for the period 1994?2002. We find that innovation behaviour is permanent at …

We use panel probit models with unobserved heterogeneity, state-dependence and serially correlated errors in order to … analyze the determinants and the dynamics of current-account reversals for a panel of developing and emerging countries. The …

This paper investigates the R&D persistence of R&D active firms in different markets with different intensities of … competition, based on firm-level panel data for the period 1996-2008. In a dynamic setting of the empirical model it turns out … that persistence is strongly related to market competition (measured by the number of principal competitors). Persistence …

This paper analyzes empirically the effects of innovation on employment at the firm level using a uniquely long panel … innovation categories. We find clearly positive effects for product and process innovations on employment growth with the effects …

This paper proposes a method to implement maximum likelihood estimation of the dynamic panel data type 2 and 3 tobit …

applied to a newly constructed panel for Germany. Generalized Method of Moments (GMM) estimation techniques for dynamic panel …This paper examines empirically the relationship between innovation and market structure within a simultaneous … concentration. In contrast, competition enforces innovation, i.e. sales concentration has a negative impact on R&D. …

firms with innovative experience. In an analysis based on firm?level panel data covering the period 1994?99, system GMM …