refocus the debate and analyses the economic issues, impacts and implications of the innovation clusters policy. To do this … cooperation. We assume that innovation cluster "potentiates", by a synergistic action, the beneficial effect of each of these …

emphasizes a positive correlation between firm-level innovation and productivity gains. It is unsurprising, then, that policy … makers and researchers widely acknowledge that innovation is one of the major drivers of productivity growth, and is … extensively as a proxy for innovation in the literature. Here, we use a production function approach to estimate the return to R …

external finance, to identify a causal effect of bank credit supply on firm investment in innovation. We show that firms that …

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 …

. -- Eco-Innovation ; Foreign Ownership ; Networking ; District ; Agglomeration Economics ; Local Production Systems …