This paper compares the role of innovation and economic performance across European and Latin American countries, using … linking R&D intensity, innovation and productivity. We find evidences revealing structural differences between regions, but … also presence of heterogeneity within regions. In particular, firms tend to face innovation activities to achieve a better …

This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …

Using Dutch data we empirically investigate how financing and innovation vary across firm characteristics. We find that … when firms face financial constraints, debt financing and innovation choices are not independent of firm characteristics …

may even reduce welfare. The reason is that it crowds out proprietary innovation which on net may reduce total innovation … in the long run. These effects would be reinforced if philanthropical innovation diverted people from other productive …

Thanks to the second French Community Innovation Survey, a measurement of the importance of public research … organisations as a useful source of innovation for manufacturing firms is available. We thus provide an exploratory econometric … significant determinants of academic sourcing. The influence of local public research organisations on innovation is however found …