This paper compares the contribution of R&D to innovation in terms of the variousinnovation output measures provided by the third Community Innovation Survey (CIS 3) forFrench manufacturing firms and in terms of accounting for interindustry innovationdifferences.

This paper proposes a framework to account for innovation similar to the usual accounting framework in production analysis and a measure of innovativity comparable to that of total factor productivity. This innovation accounting framework is illustrated using micro-aggregated firm data from the...