Technology is a key element for long-term growth and economic development. Given the stark concentration of innovation … into an innovation club, an imitation club whose members are capable of absorbing technologies developed by the former and … two distinct thresholds giving rise to three country groupings. As suggested by the theory of technology clubs we find the …

The labour productivity impact of innovation is investigated in this paper combining neo-Schumpeterian insights on the … variety of innovation, with the importance of industrial structures and firm size; two models are proposed for explaining … data from the European innovation survey (CIS 2), covering Austria, France, Italy, the Netherlands and the UK, broken down …

. Furthermore, rises in the cost of capital for innovation-intensive firms predict declines in subsequent productivity and economic … growth. We propose a production-based asset pricing model with endogenous innovation and fiscal policy shocks that can …

The original purpose of the concept of innovation systems was to explain international specialisation patterns (Freeman … activities (Carlsson, 2006; Lundvall, 2007b). Additionally, the current constructs of innovation systems at national and sectoral … innovation to identify the resources and knowledge requirements of firms’ innovative activities. Based on the geographic scope in …

Where does adaptation to innovation take place? The supply of educated workers and local industry structure matter for … the subsequent location of new work - that is, new types of labor-market activities that closely follow innovation. Using … uses a novel measure of innovation output based on new activities identified in decennial revisions to the U.S. occupation …