innovation in small firms. The analysis finds that relative to large firms in the same industry, spending on research and …

There is a common perception that low productivity or low growth is due to what can be called an "innovation shortfall …," usually identified as a low rate of investment in research and development (R&D) when compared with some high innovation … general problems that impede accumulation of all kinds of capital. How can we know when a country suffers from an innovation …