European Economic Review volume 49, issue 6, P1431-1450 2005 DOI: 10.1016/j.euroecorev.2003.12.003
Pierre Mohnen, Lars-Hendrik Röller
Abstract:

This paper develops a framework for testing discrete complementarities in innovation policy using European data on obstacles to innovation. We propose a discrete test of supermodularity in innovation policy leading to a number of inequality constraints. We apply our test to two types of innovation decisions: to innovate or not, and if so, by how much. We find that industries display a considerable amount of complementarity, with some industries being complementary across all obstacles. We also find that t…

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