Tham, Wing Wah; Baslandze, Salomé; Sojli, Elvira; Liu, Leo - 2025
This paper studies the interaction between process and product innovations and their distinct role in firm growth … product varieties with quality heterogeneity to illustrate how these innovations affect firm growth differently and highlight … sustained firm growth, especially through their effect on subsequent product creation. R&D-intensive firms focused on "deep …