Innovations contribute to economic growth. Hence, knowledge about drivers of innovation activities is a necessary input for economic policy making when it comes to implement targeted support measures. We focus on firms as potential drivers of innovation and use a novel data-driven approach to...

The popularity of econometric analyses that include variables obtained from text mining is growing rapidly. A frequently applied approach is to identify topics from large corpora, which makes it possible to determine trends that reflect the changing relevance of topics over time. We address the...