This chapter reviews the empirical literature on the determination of firms' and industries'
innovative activity and performance, highlighting the questions addressed, the approaches …

This paper surveys the empirical literature on the links between innovation, market structure
and firm size. The review shows that there is little evidence in support of the Schumpeterian …

Since Schumpeter, economists have argued that internal finance should be an important
determinant of R & D expenditures. Yet almost without exception, previous empirical studies …

This paper attempts to quantify the aggregate net effect of government funding on business
R&D in 17 OECD Member countries over the past two decades. Grants, procurement, tax …

We explore the extent to which R&D and advertising expenditures generate a comparative
advantage that allows firms to earn supranormal profits. After controlling for unobserved firm …

Software patents have grown rapidly in number and now comprise 15% of all patents. They
are acquired primarily by large manufacturing firms in industries known for strategic …

This paper uses 114 responses to a June 1988 mail questionnaire survey of the financial
managers of the 1,000 largest US firms to examine Modigliani and Miller's “separation …

Analysis of the effects of public financing on private investment in R & D has been the object
of numerous applied studies without it having been possible to arrive at a definite …

One of the basic tenets of UK industrial policy, that attracting inward investment into the UK
stimulates domestic productivity growth, is examined. A model of productivity growth is …

It is increasingly evident that rapid development resulted in habitat loss and environmental
degradation. Due mainly to this issue, if unchecked, many countries are susceptible to …