industries. The same pattern shows up in the three Dutch Community Innovation Surveys. …

Why is modern society capable of cumulative innovation? In A Culture of Growth: The Origins of the Modern Economy, Joel …

. Importantly, the theoretical model captures the strategic behavior between competing firms, its effect on their innovation …

We present a potentially benign naked exclusion mechanism that can be applied to sequential innovation; a non …-patentable original innovation by the incumbent supplier fosters derivative innovation by rivals. In the absence of an appropriate legal … innovator. The former ban precludes the exclusion of socially beneficial derivative innovation by causing the incumbent supplier …

innovation market. If employment protection is introduced, firms’ willingness to pay for product or process innovations increases …. This shifts economic activity towards firms specializing in process and product innovation and triggers entry of new start …

credit constraints on firm-level innovation. We find that access to bank credit helps firms to adopt existing products and … acquiring external know-how. We find no evidence that bank credit also stimulates firm innovation through in-house R&D. This …