Does regulation affect the pace and nature of innovation and if so, by how much? We build a tractable and quantifiable … sharp reduction in the firm's innovation response to exogenous demand shocks for firms just below the regulatory threshold …. We then quantitatively fit the parameters of the model to the data, finding that innovation at the macro level is about 5 …

process innovation. There are strong reasons why an efficient economy ought to concentrate both job creation and destruction …

the allocation and impacts of innovation subsidies, using the data from the China Employer Employee Survey (CEES). We find … that the innovation subsidies are preferentially allocated to state owned firms and politically connected firms. Of these … also find that the firms that receive innovation subsidies file and receive more patents, are more likely to introduce new …

Does social distancing harm innovation? We estimate the effect of non-pharmaceutical interventions (NPIs …

welfare effects and point to migration and, to a lesser extent, innovation as important adaptation mechanisms. We use the …

This chapter reviews the empirical economics literature on the impact of trade liberalization on firms' innovation … levels. In emerging countries, trade liberalization appears to spur productivity and innovation. In developed countries …, export opportunities and access to imported intermediates tend to encourage innovation, but the evidence on import …

The Plant Patent Act of 1930 was the first step towards creating property rights for biological innovation: it … varieties to examine whether the Act encouraged innovation. Nearly half of all plant patents between 1931 and 1970 were for … innovation: less than 20 percent of new roses were patented, European breeders continued to create most new roses, and there was …

ability to defend themselves against litigation. We find that NPE litigation has a real negative impact on innovation at … innovation in the industries in which they are most prevalent …

fuels and can over or under-incentivize innovation. These results highlight the potential negative efficiency effects of the …

quality, follow-on innovation. Winning a first patent boosts a startup's subsequent growth and innovation by facilitating …