unbalanced panel of enterprise data from five waves of the Community Innovation Survey during 1994-2004. We estimate by maximum …This paper studies the dynamic relationship between input and output of innovation in Dutch manufacturing using an … likelihood a dynamic panel data bivariate tobit with double-index sample selection accounting for individual effects. We find …

unbalanced panel of enterprise data from five waves of the Community Innovation Survey during 1994-2004. We estimate by maximum … effects are also important. -- innovation ; panel bivariate tobit model ; innovation expenditures …This paper studies the dynamic relationship between input and output of innovation in Dutch manufacturing using an …

unbalanced panel of enterprise data from five waves of the Community Innovation Survey during 1994-2004. We estimate by maximum …This paper studies the dynamic relationship between input and output of innovation in Dutch manufacturing using an … likelihood a dynamic panel data bivariate tobit with double-index sample selection accounting for individual effects. We find …

This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …

This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …

This paper introduces dynamics in the R&D to innovation and innovation to productivity relationships, which have mostly … individual effects and idiosyncratic errors correlated across equations and that differ in the way innovation enters the … Community Innovation Survey. The results provide evidence of robust unidirectional causality from innovation to productivity and …

The paper deals with the problem of business spending on research and development and their relation to innovation … activities. It is focused on R&D in the business sector as a crucial part of the innovation system. R&D expenditure can be seen … as the main precondition of successful innovation. However, the successful transformation of R&D investment into …

competition on R&D according to the cost of the innovation. The effect of competition on R&D is an inverted U-shape. However, the … shape is flatter and competition policy is therefore less relevant for innovation when innovations are relatively costly …. Intuitively, if innovations are costly for a firm, competitive shocks have to be significant to alter its innovation decisions …

Innovation is typically a trial-and-error process. While some research paths lead to the innovation sought, others … that leads to an early abandonment of the risky project. We show that different types of firms follow different innovation …