debate, especially in phases of economic recession. So far, the effects of innovation - in its manifold declinations and … different compensation mechanisms through which employment adjusts after an innovation is introduced. Secondly, it critically … attempt to conceptualize a number of stylized facts and empirical regularities on the innovation-employment nexus. …

between imitation and innovation. Using US patent data for the period 1977-2005, we find that there are inverted U …-shaped relationships between the degree of industry-level technological imitation and industry-level innovation activities and between the … degree of industry-level technological imitation and the value of firm-level innovation. Our results suggest that positive …

Innovation Survey 2005. In particular, we investigate growth differences between R&D-performing firms and non-R&D performers. As … process innovation are introduced in the model, the contribution of R&D drops to about 4%-points. Interestingly, we find that …

an incumbent firm - more precisely, of investors in that firm - facing innovation by inventors from outside its industry …. We demonstrate that the financial-market value of publicly traded firms depends on patented innovation by competitors …' patented innovation on the focal incumbent is qualitatively different than that of existing rivals' patented innovation on the …

new to finance, digital innovation has brought major improvements in connectivity of systems, in computing power and cost …

industries experience a pattern of quality innovation early on followed by cost innovation later on. In the four microelectronics …