This paper analyses the relationship between past innovation output, competition, and future innovation input in a dynamic econometric setting. We distinguish two dimensions of competition that correspond to the concepts of product substitutability and entry barriers due to fixed costs. Based on...

The main objective of this empirical paper is to identify characteristics of imitation and innovation and shed light on possible differences between these two kinds of innovative activity. Thus, it tries to answer the following questions: (a) what are the determinants of imitative performance...