Ghosal, Vivek; Nair-Reichert, Usha - Volkswirtschaftliche Fakultät, … - 2007
This paper examines the impact of investments in modernization and innovation on productivity in a sample of firms in … technology. We find that firms which made decisions to implement a greater number of investment transactions in modernization …’ decisions to undertake investments in modernization and various forms of incremental innovations appear to be critical for …