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 …

presents some empirical evidence on the e®ects of innovation on employment growth and therefore on ¯rms' productivity with the … innovation. The sources of employment growth during the period are split equally between the net contribution of product … innovation and the net contribution from sales growth of old products. However, the contribution of product innovation is …