The emerging literature on the characteristics of innovation processes in the service sector has paid relatively little … attention to the links between innovation and productivity. In this paper we investigate how the innovation … of equations for innovation expenditures, innovation output, productivity and exports. We use data from the community …

Does FDI affect productivity growth, innovation, and knowledge sourcing activities of domestic firms? This study … innovation. The results show significant positive correlation between the entry of FDI in a sector and the more direct measures …

relationship between competition and innovation, Aghion, Dewatripont and Rey (1999) showed that this could be reversed if agency …

more flexibility leading to more innovation and reform. We apply our theory to business firms, transition economies, and …

that influence innovation by firms and their subsequent growth. Using a dataset from a survey of nearly 4,000 firms in 24 … transition countries, we find evidence of the importance of a minimum of rivalry in both innovation and growth: the presence of … market power in product markets are utilised to undertake innovation. …