capitals. The relationship with the institutional system of innovation (ISI) is novel. The results highlight that the ISI does …

This paper studies how innovation strategies of Russian manufacturing firms affect various features of firm performance …. A multi stage model is used, which relates the firm's decision to undertake R&D to its innovation output, technical … economies may adopt technologies embodied in imported hardware. Additionally, we link productivity and innovation output to …

topics innovation, catch-up, and sustainability. Innovation is driving catch-up processes and is the condition for a … dynamics, heterogeneity, novelty, and innovation as well as transformation are the most attractive fields in economics today … better understanding of innovation, catch-up, and sustainability, and Schumpeterian economics in general. …

. We uncover large and distinct effects of advanced manufacturing and product innovation for firm and aggregate growth …. Higher quality process (product) innovation is associated with higher short-run (long-run) firm profits, sales, capital, and … process innovation contribute differently to growth and productivity convergence towards the U.S. for countries with different …