"It is so widely recognized that innovation is a key driver of economic growth that it is cliche to say so. This … article studies product innovation by firms with data from 68 countries, covering more than 25,000 firms in eight … manufacturing sectors. The author assesses the predictions of inter-disciplinary research on innovation by firms. The econometric …

It is so widely recognized that innovation is a key driver of economic growth that it is cliché to say so. This article … studies product innovation by firms with data from 68 countries, covering more than 25,000 firms in eight manufacturing … sectors. The author assesses the predictions of inter-disciplinary research on innovation by firms. The econometric evidence …