Recent developments in economics have gone from the recognition of the importance of innovation for growth and the exploration of innovation mechanisms to the incorporation of the results of the previous research into economic models. An important lesson to be drawn from all this research is...

This paper provides new information, not available from other sources, on the characteristics ofthe innovation process in Europe, and on the economic use and value of European patents. Ourdata are drawn from a survey (PatVal-EU, or PatVal for short) of 9,017 patents granted by theEuropean Patent...

This paper analyses in what extent innovation contributes to the productivity premium of exporters. We start by performing non parametric tests on TFP distributions on different groups of firms characterized by their export and innovation behavior. We show that the TFP distributions of exporters...