empirical framework allows for separate treatment of product innovation (vertical differentiation) and diversification …

quantity of medical innovation. Analyzing whether inventions emphasize cost and/or quality requires generating new data. We do …

Successful innovation is essential for the survival and growth of organizations but how best to incentivize innovation … significantly more novel innovation relative to a compensation scheme that offers the same total compensation, but shared across the …

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 …

Many countries provide financial incentives to spur innovation, ranging from tax incentives to research and development … grants. In this paper, we study how such financial incentives affect individuals' decisions to pursue careers in innovation … innovation are extremely skewed - with the top 1% of inventors collecting more than 22% of total inventors' income - and are …

We estimate differences in innovation behavior between foreign versus U.S.-born entrepreneurs in high-tech industries … characteristics and innovation activities. We find uniformly higher rates of innovation in immigrant-owned firms for 15 of 16 … different innovation measures; the only exception is for copyright/trademark. The immigrant advantage holds for older firms as …

are sufficiently complementary to inelastically supplied genius, innovation augmenting either of the first two factors can …

Household R&D (or household innovation) is an important source of innovation that has to date been largely overlooked … household activity and, more generally, of the overall landscape of innovation …

How do non-practicing entities ("Patent Trolls") impact innovation and technological progress? Although this question …", who exploit the patent system to extract rents and thereby hurt innovation. We employ unprecedented access to NPE … also find that downstream innovation drops in fields where patents have been acquired by NPEs. Finally, our numerical …