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We explore the relationship between innovation activity, productivity, and exports using a panel of Spanish … manufacturing firms for 1990-1998. Our results - based on non-parametric tests - suggest that firm innovation status is important in … innovation seems to explain the positive association between exports and productivity for this group of firms. For small non …
Persistent link: https://www.econbiz.de/10005792473
We set up a simple trade model with two countries hosting one firm each. The firms invest in cost-reducing R&D, and each government may grant R&D subsidies to the domestic firm. We show that it is optimal for a government to provide higher R&D subsidies the lower the level of trade costs, even...
Persistent link: https://www.econbiz.de/10005497968
While innovation is argued to create value, private incentives of firms to innovate are driven by what part of the … value created firms can appropriate. In this paper we explore the relation between innovation and the markups a firm is able ….1% points by shifting out demand and increasing prices. Process innovation increases markups by 3.8% points due to incomplete …
Persistent link: https://www.econbiz.de/10011083230
the firms' engagement in labour productivity enhancing process innovation. There is a unique steady state of the industry …
Persistent link: https://www.econbiz.de/10005791341
This Paper is an empirical study on the existence of complementarity between product and process innovation. We present … an econometrically feasible model that uses the information contained in the innovation profile of each firm to test for … the existence of complementarity among production and innovation strategies. We apply the model to analyse the Spanish …
Persistent link: https://www.econbiz.de/10005123646
competition. Firms have an incentive to invest in both process innovation and product innovation. The optimal division between … proportion of R&D investment is driven more to product innovation than under R&D competition. It can be shown that welfare is …
Persistent link: https://www.econbiz.de/10005136783
We analyze the relationship between firm-level innovation activities and firms’ propensity to start exporting for firms … in a small open economy. We measure innovation by innovative effort (R&D) as well as by innovative output (product and … process innovation). After carefully correcting for endogeneity and selection issues, the evidence points to firms self …
Persistent link: https://www.econbiz.de/10008468704
more important for small-firm innovation than for their larger counterparts. …
Persistent link: https://www.econbiz.de/10005497984
environmental regulations can spur more rapid innovation. I present a general framework for the analysis of these questions. I …
Persistent link: https://www.econbiz.de/10005791910
sectors (inter-sectoral spillovers), or at the international level. We find that innovation is strongly driven by knowledge … spillovers, especially those occurring at the national level. Wind and solar technologies exhibit distinct innovation … only influential in the case of wind technology. We also find evidence that public R&D stimulates innovation, particularly …
Persistent link: https://www.econbiz.de/10008468596