We study the relationship between patents and actual product innovation in the market, and how this relationship varies … consumer goods sector. We find that patent filings are positively associated with subsequent product innovation by firms, but … at least half of product innovation and growth comes from firms that never patent. We also find that market leaders use …

We study the relationship between patents and actual product innovation in the market, and how this relationship varies … consumer goods sector. We find that patent filings are positively associated with subsequent product innovation by firms, but … at least half of product innovation and growth comes from firms that never patent. We also find that market leaders use …

way firms profit from innovation according to the stage of industry evolution. We argue that in early stages of industry …

Innovation and export decisions are closely interlinked. Both activities contribute to firm performance in various ways …: exporting provides a wider market to sell products, while innovation provides new and better products to supply those markets … and/or more efficient ways to reduce costs. The connection of innovation and exporting is of major interest to developing …

analysis, the slowdown in innovation activity has a clear temporal connection with the later slowdown in productivity in the …

relatively low innovation score, a feature reversing the trend observed in most European Union countries. Three empirical … scenarios, one for each innovation output, are defined and analyzed following a random-effects probit panel model separately …