This paper analyzes the relationship between R&D expenditures, innovation and productivity growth, taking into account … generation of innovations and the impact of these technological outputs on total factor productivity growth. Our results reflect … omission of this persistence leads to an overestimation of the current impact of innovations on productivity growth. However …

innovation on firm survival and firm productivity, which constitute the two main channels through which innovation drives growth …-linearity and volatility in the gains from R&D/innovation, particularly in terms of its effects on firm survival and productivity … perspectives that inform the empirical models allow for heterogeneity in the effects of R&D/innovation on firm survival and …

), allows for causal interpretation of the relationship between innovation output and labor productivity. We find that knowledge … productivity - hold for knowledge intensive services. Combining the models of Crepon et al. (1998) and of Ackerberg et al. (2015 … intensive services benefit from innovation activities in the sense that these activities causally increase their labor …