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 …

This paper studies the persistence of innovation and the dynamics of innovation output in Dutch manufacturing using … firm data from three waves of the Community Innovation Surveys (CIS), pertaining to the periods 1994-1996, 1996-1998, and …

industries. The same pattern shows up in the three Dutch Community Innovation Surveys …

This paper compares the contribution of R&D to innovation in terms of the various innovation output measures provided … by the third Community Innovation Survey (CIS 3) for French manufacturing firms and in terms of accounting for inter …-industry innovation differences …

Using a unique panel data of Dutch innovation and financial variables we empirically investigate how financing and … innovation vary across firm characteristics. The study also tries to gauge the extent of market failure due to the presence of …, debt financing and innovation choices are not independent of firm characteristics such as age, size, and existing leverage …

In this paper, we put forward the idea of an innovation accounting framework and consider two main indicators based on … it: expected innovation and innovativeness. The framework is the analogue of the standard framework of economic growth … idea using data from the European Community Innovation Surveys (CIS1 and CIS2) and measuring innovation by the share of …

This paper proposes a framework to account for innovation similar to the usual accounting framework in production … analysis and a measure of innovativity comparable to that of total factor productivity. This innovation accounting framework is … illustrated using micro-aggregated firm data from the first Community Innovation Surveys (CIS1) for seven European countries …