The paper deals with the problem of business spending on research and development and their relation to innovation activities. It is focused on R&D in the business sector as a crucial part of the innovation system. R&D expenditure can be seen as the main precondition of successful innovation....

Universities are engines of innovation. To encourage further innovation, the federal government and charitable foundations give universities grants in order to enable university researchers to produce the inventions and discoveries that will continue to fuel our knowledge economy. Among other...

"Despite significant recent progress, there is still one major issue facing the pharmaceutical industry that dwarfs all others -- the price of drugs, which is a unifying factor on both partisan sides in US politics. The pharmaceutical industry shouldn't be surprised by the backlash given that...