Many writers have claimed that R&D has two 'faces'. In addition to the conventional role of stimulating innovation, R … important in this catch up process as well as stimulating innovation directly. Trade, by contrast, plays a more modest role in …

and carefully-designed innovation policies. …

This paper investigates the main postulations of the Ramp;D based growth models that innovation is created in the Ramp …;D sectors and it enables sustainable economic growth, provided that there are constant returns to innovation in terms of Ramp … for the period 1981-97. The results suggest a positive relationship between per capita GDP and innovation in both OECD and …

This paper investigates the main postulations of the R&D based growth models that innovation is created in the R …&D sectors and it enables sustainable economic growth, provided that there are constant returns to innovation in terms of R … the period 1981-97. The results suggest a positive relationship between per capita GDP and innovation in both OECD and non …

analysis with evidence on innovation slowdown trends, looking at aggregate and compositional trends. We explore the innovation … occurrence. Eventually, we relate productivity and innovation slowdowns deriving tables of trends co-movements, weighted by input …

emphasizes a positive correlation between firm-level innovation and productivity gains. It is unsurprising, then, that policy … makers and researchers widely acknowledge that innovation is one of the major drivers of productivity growth, and is … extensively as a proxy for innovation in the literature. Here, we use a production function approach to estimate the return to R …