Innovation support measures in the EU are mostly designed to support product innovation in RD intensive sectors. To increase the still considerable contribution to regional employment and competitiveness from SMEs in traditional manufacturing industries a broader innovation policy mix is more...

Several studies have highlighted ICT as a driver of firm productivity in developed countries. However, the evidence about the impacts of ICT on services and manufacturing and particularly for developing countries is scarce. This paper focuses on understanding the determinants of investments in...

This paper revisits the competition-innovation relationship using an unbalanced panel of enterprise data stemming from four waves of the Luxembourgish innovation survey for the period 2002-2010. We estimate by full-information maximum likelihood a nonlinear dynamic simultaneous-equations model...

Information about the success of a new technology is usually held asymmetrically between the research and development RD-performing firm and potential lenders and investors. This raises the cost of capital for financing RD externally, resulting in financing constraints on RD especially for firms...

This paper reviews the current state of indicators of the activity of innovation and how they are presented for use in the policy process leading to a discussion of the development of new indicators, some outside of the business sector, which raises questions about the definition of innovation....

This paper, which was prepared for presentation in the program of the 2013 International Energy Workshop Conference held on 1921 June in Paris, France is an extensively revised, expanded and slightly retitled version of UNUMERIT Working Paper 2013009. The latter paper has been cited in other...

Innovation is fundamental for economic catching-up and raising living standards. Evidence demonstrate a virtuous circle in which RD spending, innovation, productivity, and per capita income mutually reinforce each other and lead to long-term, sustained growth rates and may foster job creation....

Statistics Finland added questions to the Finnish Community Innovation Survey CIS for 2010 on the importance of user innovation. For firms engaged in innovation activity during the three year period, 2008-2010, 30 per cent reported that user modified products were of high or medium importance to...

In recent decades there has been a sharp increase in Chinas scientific output. Behind its fast growth, little is known about Chinas comparative advantages in different academic disciplines. Meanwhile, despite Chinas rising position now in second place worldwide for research output, its research...

This paper analyses and compares the determinants of innovation in the service industry and its impact on labour productivity at the firm level in three countries of Latin America Chile, Colombia, and Uruguay. The main findings show that, similar to what is observed in the manufacturing...