This paper analyses the relationship between past innovation output, competition, and future innovation input in a … results for both countries. Innovation output in t-1 as measured by the sales share of innovative products is positively …

innovation projects affects the innovation output of firms differently depending on firm characteristics and ambitions. In … particular, while staged project management increases the effect of innovation expenditures on new product sales for firms …, resource-constrained firms using staged project management are shown to abandon a larger share of their innovation projects and …

We investigate the effect of profit-sharing on product and process innovation. Profit-sharing is a credible commitment … that the introduction of profit-sharing only spurs product innovation …

otherwise visible to society. We develop a structural model of initial and follow-on innovation to determine the effects of such … a shift in disclosure on overall welfare in industries characterized by cumulative innovation. We find that while … significant decline in follow-on innovation …

Skilled labor is a key input to the innovation process. A shortage in supply of skilled labor may hence impede … innovation activities, resulting in lower productivity gains. While governments are concerned about these likely negative impacts …, there is only limited empirical evidence whether and to what extent labor shortage affects innovation activities. The paper …

Innovation is commercialization of technology. Imperfections in markets for technology should leave marks on physical … investments for innovation. Two types of transaction costs could affect innovative investments: royality stacking and hold … ownership fragmentation on investments related to innovation for firms with small patent portfolios. Hold-up threats are …