We analyze the effects of an environmental policy on the diffusion of a clean technology. Compared to previous articles we consider that the polluting firms are competitors on the output market and we analyze the effects of the policy on the share of adopting firms in the economy. We show that...

This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly been estimated on cross-sectional data. It considers four nonlinear dynamic simultaneous equations models that include individual effects and idiosyncratic errors correlated...

Using a unique panel data of Dutch innovation and financial variables we empirically investigate how financing and innovation vary across firm characteristics. The study also tries to gauge the extent of market failure due to the presence of financing frictions. Our main findings can be...

This paper investigates the comparability of the 1999 Canadian Survey of Innovation with the European Community Innovation Surveys for 1997/1998 (CIS2). Four European countries are compared to Canada: France, Germany, Ireland, and Spain. Differences in terms of design and implementation of the...

This paper tries to uncover some of the economic factors that encourage firms to seek information from universities and government labs or to collaborate with these institutions. We exploit the information contained in the second Community Innovation Surveys (CIS2) for France, Germany, Ireland...

Many economic studies have examined the conditions under which innovation occurs in Canadian firms. We take the opposite view and look at the impediments to innovations perceived by Canadian firms. We focus on three service sectors: communication, financial services and technical business...

This paper develops a framework for testing discrete complementarities in innovation policy using European data on obstacles to innovation. We propose a discrete test of supermodularity in innovation policy leading to a number of inequality constraints. We apply our test to two types of...

The purpose of this paper is to propose a composite innovation indicator derived from an econometric prediction of the likelihood of innovating and of the amount of innovation performed by a particular firm, given information on its characteristics and on the environment in which it operates....