There is growing evidence that firms increasingly adopt open innovation practices. In this paper we investigate the impact of two such external knowledge acquisition strategies, "buy" and "cooperate", on firm's product innovation performance. Taking a direct (productivity) approach, we test for...

This paper uses panel data of Swiss firms to analyze the impact of education level diversity in the workforce on innovation performance, addressing endogeneity by exploiting within firm variation as well as variation in labor supply across regions. We find that vertical educational diversity...

This paper investigates how the macroeconomic business cycle impacts the empirical relation between firms' innovations and their sales growth rates. Based on firm-level panel data over the time period 1995-2014, the paper finds no visible sales growth differentials between firms in booming...