between innovation effort (R&D) or innovation output (the share of innovative sales) and the firm's duration of survival. We … seems to be an inverted-U relationship between R&D or innovation output and long-term survival, suggesting that too much R …&D or product innovation can cause firms to die, perhaps because of excessive risk. Survival has a cyclical behaviour, and …

This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …

This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …

This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …

Using a unique panel data of Dutch innovation and financial variables we empirically investigate how financing and … innovation vary across firm characteristics. The study also tries to gauge the extent of market failure due to the presence of …, debt financing and innovation choices are not independent of firm characteristics such as age, size, and existing leverage …

intensity of apprentice training as measured by the employment share of apprentices. Innovation, firm age and competition … employment, innovation activities, firm age, labour costs, capital intensity, and competitive pressures all play a positive or …

question focusing on the innovation capability of firm founders. We find that the combination of different founder …

This paper investigates (a) the determinants of innovation performance and (b) the impact of innovation performance on … Community Innovation Surveys (CIS). The use of a wide spectrum of indicators helps to test the robustness of the specification … of the innovation equation as well as the robustness of the impact of innovation on economic performance. We find a clear …

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 …