Latham, William; Yin, Hong - Department of Economics, Lerner College of Business and … - 2008
We examine the return to innovation in terms of economic growth at the provincial level to assess whether or not … return to innovation at the provincial level is estimated using a value-added Cobb-Douglas production function. The measure … of the effect of innovation (patenting activity) is valued-added industrial output. The data are a balanced panel for 30 …