Welfens, Paul J. J.; Irawan, Tony - Institute for the Study of Labor (IZA) - 2014
The role of product innovations is growing in the world economy, and the EU and the US are key players here. The analysis presented herein explains product innovations in the EU25 for the period 2006-2012, namely through lagged R&D (relative to GDP), cumulated FDI inflows (relative to the host...