The importance of innovation for the economic performance of industrialized countries has been largely stressed … innovation, is the key parameter in determining sustained growth in a model with endogenous technological change. This paper … takles the extremely important task of identifying and estimating a "production function" of innovation for European regions …

The two aspects of research and development (R&D) involving the stimulation of innovation and the facilitation of …-1990. An empirical framework is used in which innovation and technology transfer provide two potential sources of productivity … innovation and technology transfer across a wide range of specifications. Conclusions show econometric evidence that the impact …