From a firm’s perspective two competing forces are driving the decision to invest in innovation. On the one hand …, innovative performance is an important driver of profitability and growth. On the other hand, investments in innovation suffer … from negative externalities, i.e. spillovers to other firms, and hence imitation could be induced. To preempt imitation …

knowledge spillovers are unmeasurable, a 'goodness of fit' measure is constructed using innovation survey data. It turns out … measures constructed from innovation survey data appear to work reasonably well while measures of the Euclidean technological …

Hidden Champions (HCs) are small- and medium-sized global market leaders that repeatedly show superior innovation … transformation than non-HCs firms. To test this hypothesis, I use data from the Mannheim Innovation Panel. This allows me to identify …

Functioning markets for technology are an important determinant for the type, scope and distribution of innovation … sectoral pattern of innovation and the distance of a country's industry to the global technological frontier. We explore these … dimensions based on longitudinal industry-level data from the Community Innovation Survey. We find that the demand on markets for …

within the Digital Layer. The firm-level innovation indicators in this study come from traditional sources (survey and patent …