Obtaining indicators on innovation activities of firms has been a challenge in economic research for a long time. The … throughputs in the innovation process. Output measurement of innovation has strongly been relying on survey data such as the … Community Innovation Survey (CIS), but suffers from several short-comings typical to sample surveys, including incomplete …

"We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose … production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … substitution between goods and other parameters. Third, we show that the interplay between innovation and standardization may lead …