Tinqvall, Patrik Gustavsson; Karpaty, Patrik - 2008
The central prediction of the Aghion et al. (2005) model is an inverted U-shaped relation between innovation and …-sector firms. However, non-exporting service firms deviate from the overall pattern. A more detailed breakdown of innovation … capacity to handle innovation projects internally and as competition increases, so does the payoff of an edge to competitors. …