In this paper we carefully link knowledge flows to and from a firm's innovation process with this firm's investment … results indicate that firms with small budgets for innovation will not invest in basic research. This occurs in the short run …

In this paper, we aim at re-assessing the undisputed positive relationship between innovation and economic growth by … questioning the view that R&D (and formal knowledge in general) equates innovation and innovation equates regional growth. We … several knowledge and innovation indicators, ranging from R&D expenditures, patent data, to newly released data on different …