) Proxies for innovation (journals and FDI) have a positive effect on financial activity; journals (FDI) have (has) a negative …

of R&D. Our work analyzes knowledge diffusion and knowledge externalities in generating innovation and in determining … productivity of R&D resources in generating innovation (patenting) and productivity (TFP). While we find that knowledge diffusion …

Firm innovation capacity depends not only on internal capabilities, but also on external expertise and knowledge … acquired through cooperation. This paper analyzes direct and indirect effect of R&D cooperation on the innovation of Italian … firms. Using a multivariate probit model to account for the complementarity of four different types of innovation activity …

The advancement of the knowledge frontier is crucial for technological innovation and human progress. Using novel data …