Innovation and Performance in the Long Run: the Case of Europe

Innovation and performance in the long run: the case of Europe - In this article we present the results of a recent work on the long-term mechanisms of innovation and performance in Europe which contributes to the European innovation scoreboard. Data from different waves of the CommuniTY Innovation Surveys (CIS) have been used as an instrument for understanding the evolution of innovative patterns in the long run. In particular, we provide a test on the long-run stabiliTY of innovation data. Moreover, a model deemed to capture the complexiTY of the innovation-performance relationship is proposed and estimated using CIS data.

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