Patents are a useful but imperfect reward for innovation. In sectors like pharmaceuticals, where monopoly distortions … lower prices. Innovation prizes and other non-patent rewards are becoming more prevalent in government's innovation policy … therefore can generate the right innovation incentives. …

This paper provides an update of the NESTA Innovation Index and tries to calculate some facts for the 'knowledge …) document UK intangible investment and (2) see how it contributes to economic growth. Regarding investment in knowledge …

outsourcing, profits and innovation using plant level data. We find a positive effect of international outsourcing of services on … activities towards innovation. We also find that international services outsourcing has a positive effect on profitability, as …

intervention, affecting the expected profitability of innovation, may both thwart the incentives to undertake research (average … deterrence) and guide the use to which innovation is put (marginal deterrence). We show that public intervention should become …

firm's incentives for R&D. These changes influence the probability of innovation through two effects: changes in total R … shift from the rival firm to the dominant firm is a good thing as it decreases the likelihood of duplicate innovation (we … rights are strong. That is, firm dominance is good for innovation when (but only when) property rights are strong. We also …

innovation activities. The selection of high-skill managers is more important for innovation activities. As the economy … investments, but little selection. Closer to the world technology frontier, there is a switch to an innovation-based strategy with …

environment that allows ideas to cross firm boundaries enhances the rate of innovation and creates a symbiotic relationship …

innovation. We exploit the observed pattern of contributions - the 'revealed preference' of developers - to infer the underlying …