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Home Research areas Investment, productivity and innovation R&D, innovation and technology

R&D, innovation and technology

Innovation is one of the key determinants of productivity growth and of long-term increases in well-being. Our research in this area has examined the determinants of research and development (R&D), innovation and technology transfer. This has included study of:  technology transfer from universities to businesses, between firms and across countries; the links between market structure, innovation and firms’ performance; the role of public policy, including tax incentives, in driving investment in innovation and R&D.

Selected highlights

Journal article
This paper examines the empirical relationship between technological innovations, market share and stock market value.
Journal article | International Journal of Industrial Organization
We want to understand how important market frictions are in stifling the transmission of ideas from one firm to another. We use comprehensive data on patent applications from the European Patent Office and a multiple spells duration model to provide estimates that suggest that they are substantial.


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Rachel Griffith
Research Director
Helen Miller
Deputy Director