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In this paper, we aim at re-assessing the undisputed positive relationship between innovation and economic growth by … questioning the view that R&D (and formal knowledge in general) equates innovation and innovation equates regional growth. We … several knowledge and innovation indicators, ranging from R&D expenditures, patent data, to newly released data on different …
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, productivity growth and capital-labour conflict, with profits driven by product innovation and offshoring, and wages rising faster …
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In the last decades, innovation activity has been defined by an increasing complexity and a faster pace of the … underlying technological change. Accordingly, several studies have shown that competitive systems of innovation benefit from …
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This paper explores the possible job creation effect of innovation activity. We analyze a unique panel dataset covering … almost 20,000 patenting firms from Europe over the period 2003-2012. The main outcome from the proposed GMM-SYS estimations … is the labour-friendly nature of innovation, which we measure in terms of forward-citation weighted patents. However …
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