Research and development is a crucial activity in the innovation process. Not every firm is in a position to overcome constraints to R&D, such as costs. Those that perform R&D must choose between forming a partnership with other firms, governmental organisations, universities or doing it...

On the one hand, firms prefer to perform R&D in an open mode (letting R&D be performed extramurally or even selling their R&D services) to benefit from knowledge spillovers and complementarities between internal and external R&D. On the other hand, they may also like to perform R&D in a closed...

Many economic studies have examined the conditions under which innovation occurs in Canadian firms. We take the opposite view and look at the impediments to innovations perceived by Canadian firms. We focus on three service sectors: communication, financial services and technical business...

This study examines whether the transfer of knowledge flows from universities to enterprises in Canada is hampered by the geographical distance that separates them. The transfer of knowledge flows are measured by the amount of R&D payments from business enterprises to universities that are...

Many economic studies have examined the conditions under which innovation occurs in Canadian firms. We take the opposite view and look at the impediments to innovations perceived by Canadian firms. We focus on three service sectors: communication, financial services and technical business...

This paper studies the dynamic relationship between input and output of innovation in Dutch manufacturing using an unbalanced panel of enterprise data from five waves of the Community Innovation Survey during 1994-2004. We estimate by maximum likelihood a dynamic panel data bivariate tobit with...

We review the econometric literature on measuring the returns to R&D. The theoretical frameworks that have been used are outlined, followed by an extensive discussion of measurement and econometric issues that arise when estimating the models. We then provide a series of tables summarizing the...