Theoretical and empirical work on innovation and firm survival has produced varied and often conflicting findings. In … this paper, we draw on Schumpeterian models of competition and innovation and stochastic models of firm dynamics to … demonstrate that the conflicting findings may be due to linear specifications of the innovation-survival relationship. We …

Empresas, the Spanish innovation survey conducted annually by the Spanish National Statistics Institute (INE). The main …

&D-oriented firms versus all others - is somewhat limited. In particular, non-R&D innovation activity should be treated as an important … engaged in non-R&D innovation grow in a less risky and costly way than R&D innovators, and that a young firm's decision … whether to engage in R&D for the purpose of innovation and growth can therefore usefully be understood as being driven by a …

between innovation and growth in young firms. To this end, this paper develops an augmented YIC categorization that also … includes non-R&D innovators and young firms that conduct R&D but have not yet brought an innovation to the market. Using panel …-R&Doriented YICs, typically focused on the 'Learning by Doing, Using, and Interacting' (DUI) mode of innovation, exhibit a distinct …

In this work, we explore the relations between sales growth and a set of innovation indicators that capture the … different sources, modes and results of the innovative activity undertaken within firms. We exploit a rich panel on innovation …-2011. Standard GMM-panel estimates of the average effect of innovation activities reveal significant and positive effect for internal …

This article explores the relations between firm growth and a set of four innovation indicators (in-house R&D, external … sourcing, product innovation, and process innovation) that capture the different sources, modes, and outcomes of the innovative … strategies adopted by firms. While existing studies tend to focus on the individual effects on growth of each innovation activity …