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 … both process and product innovation. Both these kinds of innovation have a positive impact on firm's productivity …

presents some empirical evidence on the effects of innovation on employment growth and therefore on firms productivity with the … stemming from 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 …

presents some empirical evidence on the effects of innovation on employment growth and therefore on firms' productivity with … stemming from 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 …

How does technology advance? How can we best assimilate innovation? These questions and others are considered by … technologies and their industrial applications, governmental policies, and manifestations of innovation in our institutions …

sometimes termed an lsquo;intellectual property right' and is viewed as an incentive for innovation. This article surveys the … evidence on patent effectiveness in encouraging innovation and reviews the current controversies in patent policy …

ways to establish optimal incentives in technological progress Science and innovation, both their theories and applications …