obstacles to innovation. We propose a discrete test of supermodularity in innovation policy leading to a number of inequality …This Paper develops a framework for testing discrete complementarities in innovation policy using European data on … constraints. We apply our test to two types of innovation decisions: to innovate or not, and if so, by how much. We find that …

explore their possible complementarity in innovation and production but find none, although there is complementarity between R … include ICT investment and R&D as the two main inputs of innovation and productivity. We find that R&D and ICT are both … strongly associated with innovation and productivity, with R&D being more important for innovation and ICT for productivity. We …

obstacles to innovation. We propose a discrete test of supermodularity in innovation policy leading to a number of inequality … evidence regarding the existence of complementarity in innovation policies depends on the phase of innovation that is targeted …This paper develops a framework for testing discrete complementarities in innovation policy using European data on …

Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable … sharp reduction in the firm's innovation response to exogenous demand shocks for firms just below the regulatory threshold …. We then quantitatively fit the parameters of the model to the data, finding that innovation at the macro level is about 5 …

This paper studies the dynamic relationship between input and output of innovation in Dutch manufacturing using an … unbalanced panel of enterprise data from five waves of the Community Innovation Survey during 1994-2004. We estimate by maximum … persistence of innovation input and innovation output, a lag effect of the former on the latter and a feedback effect of the …

dirty innovation and production; (ii) optimal policy involves both .carbon taxes. and research subsidies, so that excessive … the switch to clean innovation under laissez-faire when the two inputs are substitutes. Under reasonable parameter values … and with sufficient substitutability between inputs, it is optimal to redirect technical change towards clean technologies …

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 first Community Innovation Surveys (CIS1) for seven European countries …

presents some empirical evidence on the effects of innovation on employment growth and therefore on firms' productivity with … process innovation. The sources of employment growth during the period are split equally between the net contribution of … product innovation and the net contribution from sales growth of old products. However, the contribution of product innovation …

What do we know about the relationship between innovation and productivity among firms? The workhorse model of this … innovation are derived. The recent empirical evidence on the relationship between innovation and productivity in firms is then … surveyed. The conclusion is that there are substantial positive impacts of product innovation on revenue productivity, but that …