This paper deals with the question of changing relations between business R&D (BERD), patents and output measures like value added and productivity (macro level) as well as EBIT and market capitalization (micro level) to analyze long-term/secular effects of technological change at different...

Global innovations have been on the rise in the last decade. About 4.5% of all transnational patent filings are global innovations, i.e. research projects that are handled by teams in different continents, and the number has grown quite significantly since the 1990s. Global innovations have also...