a model of endogenous growth with frictions. Productivity increases with knowledge, which advances via innovation, and …. -- Economic models ; Potential output ; Productivity …

traditional macro approach to estimating the determinants of total factor productivity (TFP) does not handle them well. To counter … jointly considering the effects of R&D and the impact of non-R&D innovation activities on the productivity levels of firms …

productivity growth. …

traditional macro approach to estimating the determinants of total factor productivity (TFP) does not handle them well. To counter … jointly considering the effects of R&D and the impact of non-R&D innovation activities on the productivity levels of ?firms …

We use detailed product- and firm-level data to study the sources of innovation and the patterns of productivity growth … productivity dynamics. Our estimates suggest that the decline in product reallocation through these margins has contributed greatly …

consumer goods sector. We find that patent filings are positively associated with subsequent product innovation by firms, but … at least half of product innovation and growth comes from firms that never patent. We also find that market leaders use … innovation decisions. We show that the private value of a patent is particularly high for large firms as patents protect large …

consumer goods sector. We find that patent filings are positively associated with subsequent product innovation by firms, but … at least half of product innovation and growth comes from firms that never patent. We also find that market leaders use … innovation decisions. We show that the private value of a patent is particularly high for large firms as patents protect large …

' ideas determine their productivity and stochasti- cally evolve over time. Firms innovate to improve their ideas and … adopted, they selectively replace worse ideas. Innovation externalities vary based on firm productivity: ideas generated by … policy should depend on firm productivity. A calibration of the model to firm-level data from US manufacturing and retail …

analysis to decompose patent data in different digital technologies for various countries into global and country …

Danish productivity has grown only weakly over the past two decades, both historically and in relation to other … to continue its efforts to reap the benefits of globalisation, which would contribute to invigorating productivity growth …