The Oslo Manual, following ideas of Schumpeter, defines innovation as "the implementation of a new or significantly … become even more cognizant of innovation as a major driver of economic performance, from output, to productivity, and to … encourage innovation and support the country's innovation ecosystem. Examining innovation and its relation to economic growth …

This paper discusses the relationship between a company's investment in innovation and its success in introducing new … homogenous R&D-based knowledge production function by introducing different types of innovation investments (R&D and technology … acquisition) for different sets of companies. Using the Community Innovation Survey (CIS) dataset comprising more than 3000 …