How do firm-specific actions-in particular, innovation-affect firm productivity? And what is the role of the financial … sector in facilitating higher productivity? Using a rich firm-level dataset, we find that innovation is crucial for firm … financial sector; firms reap the maximum benefits from innovation in countries with well-developed financial sectors. This …

This book finds that the R&D and technological innovation of a country is not a result, but a factor, of sustained … developing countries - is only possible with innovation. With a particular focus on the work of Ukrainian economists, Tugan …-Batanobvsky and Vernadsky, the text seeks to move the discipline forward and explain why innovation has become a primary factor of …