High neonatal mortality is one of the most salient 'facts' about firm performance in the industrial organisation literature. We model firm survival and examine the relative influence of firm, industry and macroeconomic factors on survival for new vis-à-vis incumbent firms in Australia. In...

A challenge for applied studies of innovation is to find quality-adjusted and unbiased measures for the extent of innovative activity in firms. This paper considers, in the light of the uses for these measures, how well we expect these common firm-level indicators quantify innovative services...

There is no shortage of dialogues and commentaries extolling the need for more innovation to regenerate sagging national productivity growth. However, hard evidence on whether or not innovation makes a difference is largely absent because most firm-level studies are drawn from cross-sectional...

Innovation represents the downstream embodiment of knowledge. It is the concrete application of knowledge to enhance our material well-being. However, knowledge and innovation are fuzzy, intangible concepts with ill-defined borders. We know that its quality matters but our difficulty in research...

A research use exemption enables companies or research institutions to apply patented know-how of third parties for research purposes for free without being sued for hurting patent rights.Depending on the extent of its implementation, the research use exemption may be positive or negative for...