a measure of technology that isolates sources of innovation and their contributions to domestic TFP. Within …-industry innovation enhances domestic productivity, and domestic between industry innovations are productivity enhancing. However, foreign …-sourced between-industry innovation has a negative effect on domestic productivity. This highlights the dual aspect of patents as a …

that as firms gain market share, they increasingly rely on nonproductive strategies but reduce their productive, innovation …

reaching the right tails of the firm size and innovation distributions. Furthermore, outcomes are better for startups matched …

Using novel data on European firms, this paper investigates the relationship between business groups and innovation … group affiliation is particularly important for innovation in industries that rely more on external funding and in groups … knowledge spillovers are not the main driver of innovation in business groups because firms affiliated with the same group do …

I examine whether technological innovation is a motivating factor in firms' acquisition decisions and how an … acquisition (or an acquisition withdrawal) affects technological innovation in subsequent years. I find that firms engaging in … acquisition activities are less innovative and have often experienced declines in technological innovation during the years prior …

Where product innovation requires several complementary patents, fragmented property rights can limit firms …

External acquisition of new technology is a growing trend in the innovation and product development process …