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 …

. The main contribution of this paper is to model the innovation channel of finance explicitly. The paper focuses … particularly on the interaction term between the measure of own innovation and financial development. As countries approach the … technological frontier, own innovation becomes more important to sustain a high growth rate. An adequate level of financial …

innovation is a crucial productivity driver, a potential crowding out of inventive efforts could increase the cost of mitigating … of the firms R&D and total innovation expenditures net of those costs due to the environmental innovation. The estimated … number of R&D projects and investments in non-innovation-related assets. Likewise, for firms with subsidy …

Innovation in agriculture differs from innovation elsewhere in the economy in several important ways. In this chapter … mean that the nature and extent of market failures in the provision of agricultural research and innovation differ from …. Informal innovation and technical discovery processes characterized agriculture from its beginnings some 10,000 years ago …

in industries where technological and organizational innovation is important. Indeed a large literature has grown up on … ways they evolve over time. Another domain concerns the nature of competition in such industries, wherein innovation and … briefly flag some fundamental aspects of economic growth and development as an innovation-driven evolutionary process. …

We study how frictions in learning others' technology, termed "imperfect technology spillovers," impact firm innovation … strategies and the aggregate economy through changes in innovation composition. We develop an endogenous growth model that … generates strategic innovation decisions, where multi-product firms improve their products via own-innovation and enter new …