Damijan, Joze P.; Kostevc, Crt; Rojec, Matija - LICOS Centre for Institutions and Economic Performance, … - 2009
Using firm-level innovation data for a large sample of Slovenian firms in the period 1996-2002, the paper finds … surprising results that innovation is not benefitting all firms. We find that only manufacturing firms with below average … productivity growth (the lowest four deciles) are likely to experience significant benefits from successful innovation, while …