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 …

the firm's decisions on the innovation level of the new version, the production quantities and prices of both versions … improve both its profit and its innovation level by adopting an appropriate rollover strategy when selling to strategic … existing literature, we see that strategic waiting behavior can accelerate innovation. These analytical insights remain largely …