This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …

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. …