autoregressive nature of innovation. Using a large longitudinal dataset comprising Spanish manufacturing firms over the period 1990 … in the case of the YICs, suggesting that their innovation behaviour is less persistent and more erratic. Moreover, our … results suggest that firm and market characteristics play a distinct role in boosting the innovation activity of firms of …

domestic markets is positive but when the level of competition is high incentives to invest in innovation and productivity … in internal markets in order to increase the incentives for manufacturing firms to invest in innovation and productivity …