. Using a matching procedure on data from theGerman Innovation Survey of 2003 (“Mannheim Innovation Panel”), we pair … on the share of cost reductions withprocess innovation.[...] Uwe Cantner, Kristin Joel, Tobias Schmidt …

theensuing innovation race, firms interact through information spillovers resulting fromthe imperfect appropriability of research … of agents who are engaged in innovation activities. As a key element wetest to what extend relative economic performance … exercises a stimulating effect onthe implementation of innovation and imitation strategies. …