Using Dutch data we empirically investigate how financing and innovation vary across firm characteristics. We find that … when firms face financial constraints, debt financing and innovation choices are not independent of firm characteristics …

industries. The same pattern shows up in the three Dutch Community Innovation Surveys. …

This chapter reviews various technological indicators from innovation inputs to innovation outputs, pointing out their … explains the theoretical link between innovation and productivity growth and then compares the estimated magnitudes of that … relationship using the different innovation indicators. …