We provide the first cross-country evidence of the effect of investment by private equity firms on innovation, focusing … funds and insurance companies across countries and over time. We also control for the standard determinants of innovation … aggregate (private equity plus R&D) industrial spending, PE accounts for as much as 12% of industrial innovation. We also …

competition arising from trade reforms lead to increases in innovation? This paper attempts to examine the link between trade … liberalization and innovation using firm panel data on the Philippine manufacturing industry. With the framework of Impulliti and … Licandro (2009, 2010) as guide, a two-stage approach is tested where trade and innovation are linked via competition. A …

Industrial development requires technological capability in industry. National innovation system is anchored on the … critical at the firm level. This paper describes the structure and characteristics of the Philippine national innovation system …, and compares it with the American, Japanese, and German national systems of innovation. It concludes that the Philippine …