innovation and knowledge management and their impact on performance at the firm level for a number of countries. These studies … have been conducted using data drawn from innovation surveys combined with data from a number of other sources. The issue … illustrates the value of these surveys in improving our understanding of innovation in firms and raises a number of questions for …

features: (i) A structural model that explains productivity by innovation output, and innovation output by research investment … being strictly proportional to size). The firm innovation output, as measured by patent numbers or innovative sales, rises …This paper studies the links between productivity, innovation and research at the firm level. We introduce three new …

set on innovation for a large number of Italian firms over the 1990’s. There is evidence that banking development affects … the probability of process innovation, particularly for small firms and for firms in high(er) tech sectors and in sectors … more dependent upon external finance. The evidence for product innovation is weaker. There is also some evidence that …

activities, using a rich data set on innovation at the firm level for a large number of Italian firms over the 90's. There is … evidence that banking development affects the probability of process innovation, particularly for small firms and for firms in … development reduces the cash flow sensitivity of fixed investment spending, particularly for small firms, and that it increases …

also developed a summary index of the efficiency of investment allocation that measures whether, and to what extent …, investment funds are going to firms with a higher marginal return to capital. Then it was examined the relationship between this … has led to an increase in the efficiency with which investment funds are allocated. …

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 …