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Innovation in SMEs exhibits some peculiar features that most traditional indicators of innovation activity do not capture. Therefore, in this paper, we develop a structural model of innovation which incorporates information on innovation success from firm surveys along with the usual R&D...
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both imperfections in the product and labor markets generate a wedge between factor elasticities in the production function … industry level and the firm level using an unbalanced panel of 10646 French firms in 38 manufacturing industries over the … period 1978-2001. By estimating standard production functions and comparing the estimated factor elasticities for labor and …
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Recent research suggests that much of the cross-firm variation in measured productivity is due to differences in use of advanced management practices. Many of these practices - including monitoring, goal setting, and the use of incentives - are mediated through employee decision-making and...
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