We investigate the role of workers' and managerial experience as a determinant of firm innovation and productivity in a … innovation and productivity. The effect of managerial experience measured by age on firm performance depends instead on the type … of firm: high age of managers and board members is bad for innovation and productivity growth, while costs and benefits …

We analyze the role of imitation and innovation in promoting technological progress in new members of European Union …: the Czech Republic, Hungary, Poland and Slovakia. The two modes of technological development-innovation and imitation …-are distinguished from one another by identifying the dominant orientation of innovation efforts at the industry level. Specific …

This study explores the impact of social capital on innovation by constructing a more general measure of social capital … that social capital has a positive impact on innovation at the national level. After controlling for R&D expenditure and … human capital there is a positive relationship between social capital and innovation. Social capital interacts with …

outsourcing, profits and innovation using plant level data. We find a positive effect of international outsourcing of services on … activities towards innovation. We also find that international outsourcing has a positive effect on profitability, as predicted …

This study does not find any significant direct relationship between the public R&D funding and the firms' innovation …, we find evidence that the public R&D finance has substantially influenced the innovation output of the firms that have … performance in terms of innovation. Those large firms that have more intensively collaborated with the SMS firm partners in their …

This paper addresses the question whether innovation is within reach for small enterprises in developing economies by … starts with reviewing definitions of innovation since Schumpeter. It concludes that newness, value creation and process are … time and again considered as the key-elements of innovation. Innovation, hence, may be summarized as the process of …

innovation system, the learning economy and learning modes to analyse the evolution of the Danish model and what can be learnt …

We consider an R&D-driven endogenous growth model in which innovation is risky and agents are risk averse. Growth is … social insurance, thus encouraging innovation and accelerating growth. The general equilibrium effects of the reallocation of …

-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …

We empirically investigate whether the persistence of politicians in political institutions affects the innovation …' innovation activity. However, once the causal effect is isolated by means of instrumental variables, using death of politicians … persistence and the probability of process innovation. This finding is consistent with the view that political stability may …