linkages between the firm’s R&D investment, product and process innovations, and future productivity and profits. The dynamic …&D investment. For the median productivity firm, investment in R&D raises firm value by 3.0 percent in a group of hightech … significantly affect R&D investment rates and productivity changes in the high-tech industries …

generating innovations from their R&D investment, and the innovations have a larger impact on productivity and profits. Averaging … estimates of the costs and expected long-run benefits from R&D investment. Financially strong firms have a higher probability of …

linkages between the firm's R&D investment, product and process innovations, and future productivity and profits. The dynamic …&D investment. For the median productivity firm, investment in R&D raises firm value by 3.0 percent in a group of hightech … significantly affect R&D investment rates and productivity changes in the high-tech industries. …

linkages between the firm's R&D investment, product and process innovations, and future productivity and profits. The dynamic …&D investment. For the median productivity firm, investment in R&D raises firm value by 3.0 percent in a group of hightech … significantly affect R&D investment rates and productivity changes in the high-tech industries. …

We estimate the determinants of various types of product innovation. Knowledge spillovers from rivals have a positive … exert no such independent influence on drastic innovation activities. The results support the hypothesis that establishments …

innovation significantly raise investment rates and productivity while reductions in startup costs have little effect …This paper estimates a dynamic structural model of discrete R&D investment and quantifies its cost and long-run benefit … innovations, and future productivity and profits. The long- run payoff to R&D is measured as the proportional difference in …

innovation significantly raise investment rates and productivity while reductions in startup costs have little effect …This paper estimates a dynamic structural model of discrete R&D investment and quantifies its cost and long-run benefit … innovations, and future productivity and profits. The long- run payoff to R&D is measured as the proportional difference in …

generating innovations from their R&D investment, and the innovations have a larger impact on productivity and profits. Averaging … estimates of the costs and expected long-run benefits from R&D investment. Financially strong firms have a higher probability of …