such applications, a key role is played by complementarities in the process of innovation. …

The purpose of this paper is to examine how the Solow residual relates to innovation at the firm level. We estimate two … kinds of relationships. The first relationship explains innovation output from innovation inputs. The second relationship … relates TFP growth to innovation output. We obtain two main results. First, the determinants of incremental and radical …

innovation drive income expansion. Funke and Strulik [2000]. On endogenous growth with physical capital, human capital and … phases, characterized in a temporal order by physical capital accumulation, human capital formation, and innovation, and that … development are possible and show that the model can generate a trajectory in which innovation precedes human capital formation …

effect that domestic innovation and technology diffusion have in explaining differences in productivity across countries and … domestic innovation than lower-income countries, whereas lower-income countries benefit more from technology diffusion; and (ii … innovation and technology diffusion are endogenous sources of comparative advantage …

literature. We discuss if lock-ins are really inescapable, especially when innovation is concerned. Also, we address the question …

This paper explores the employment impact of innovation activity, taking into account both R&D expenditures and …-2010. The main outcome from the proposed fixed effect estimations is a labor-friendly nature of total innovation expenditures … ETC is included as a proxy for innovation activities. Moreover, the positive employment impacts of innovation activities …

discovery and in the diffusion of a technological principle and their profit flow depends on how many firms adopt the innovation …