To address the relationship between innovation and competition we jointly estimate the opportunity, production, and … impact functions of innovation in a simultaneous system. Based on Swiss micro-data, we apply a 3-SLS system estimation. The … low innovation, 2. low competition with high innovation, and 3. a "no innovation trap" at very high levels of competition …

This paper investigates the relationship between technology specialization and innovation performance of firms … innovative products. Following the "technology trajectory (path)" increases the probability of an above average innovation … detect a significant positive relationship between the combined effect (transfer and specialization) and the innovation …

universities and tested them on Swiss firm data. In a second step, we investigated the impact on innovation performance of …-oriented firms. We further found a positive effect on innovation performance for exploration-oriented firms but not for those that … were exploration-oriented. -- knowledge exploration ; knowledge exploitation ; innovation …