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This chapter reviews academic research on the connections between agglomeration and innovation. We first describe the … conceptual distinctions between invention and innovation. We then describe how these factors are frequently measured in the data …, industrial diversity) that theoretical and empirical work link to innovation, and we discuss factors that help sustain these …
Persistent link: https://www.econbiz.de/10010411489
This paper reviews academic research on the connections between agglomeration and innovation. We first describe the … conceptual distinctions between invention and innovation. We then discuss how these factors are frequently measured in the data …, industrial diversity) that theoretical and empirical work link to innovation, and we discuss factors that help sustain these …
Persistent link: https://www.econbiz.de/10012970480
This paper reviews academic research on the connections between agglomeration and innovation. The authors first … describe the conceptual distinctions between invention and innovation. They then discuss how these factors are frequently … the traits of cities (e.g., size, industrial diversity) that theoretical and empirical work link to innovation, and they …
Persistent link: https://www.econbiz.de/10013047600
Persistent link: https://www.econbiz.de/10010413297
We consider a model of innovation that distinguishes between ideas and innovations. While innovation responds to … incentives, ideas are a scarce resource that provide an exogenous constraint on the rate of innovation. We investigate how the … optimal reward structure is shaped by the scarcity of ideas. Substitute ideas for innovation in the model arrive to random …
Persistent link: https://www.econbiz.de/10015073847
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