STEM

This paper investigates the relationship between product market competition and innovation. We find strong evidence of an inverted-U relationship using panel data.

Policy makers in the UK and the EU have been concerned that not enough resources are being devoted to innovative activities.

How much does US-based R&D benefit other countries and through what mechanisms?

This paper investigates the determinants of vertical integration using data from the UK manufacturing sector.

In this Briefing Note, we present new evidence on the UK's innovative performance and provide a summary of government business support programmes aimed at fostering innovative activity and technology transfer.

This Briefing Note considers recent trends in specialisation, outsourcing and offshoring of business services.

Many writers have claimed that research and development (R&D) has two faces.

We examine the contribution of human capital to economy-wide technological improvements through the two channels of innovation and imitation.

Our current understanding of economic growth emphasises the role of new knowledge created by profit-seeking firms as a primary source of long-run growth in GDP and living standards.

We use data on publicly traded U.K. firms to investigate whether financing choices differ systematically with R&D intensity.

Understanding why the UK has performed relatively poorly in terms of R&D is important for predicting whether current policies can halt this decline and ultimately narrow the productivity gap. This Briefing Note documents and disentangles trends in UK R&D over the period 1981-2000.

This paper presents a single unified framework that integrates the theoretical literature on Schumpeterian endogenous growth and major strands of the empirical literature on R&D, productivity growth and productivity convergence.

This paper investigates whether there is a convergence in Total Factor Productivity towards the technological frontier at the establishment level.

This paper examines the impact of fiscal incentives on the level of R&D investment.

Analysing the new IFS-Leverhulme database on over 200 major British firms since 1968 we show that patents have an economically and statistically significant impact on firm-level productivity and market value.

This paper investigates the relationship between product market competition (PMC) and innovation.