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The paper explores a novel extension of the R&D-productivity literature. It puts forward an empirical model where sectoral productivity growth is related to the characteristics of technological regimes and a set of other industry-specific economic features. The model is estimated on a...
Persistent link: https://www.econbiz.de/10008765921
The paper investigates the effects of industry-level competition on firm-level innovation and productivity. We propose a refined version of the CDM model that analyses the impacts of competition on four interrelated stages of the innovation process: the choice of a firm to engage in innovation,...
Persistent link: https://www.econbiz.de/10008765939