While the importance of innovation to economic development is widely understood, the conditions conducive to it remain … relating to the economics of innovation and technological change while revisiting the findings of a classic book. Central to … public and private sectors affects innovation. Other essays examine the practice of open research and how the diffusion of …

innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing … comparative static results and characterizes potential distortions in the direction of innovation. I show that empirical findings …

innovations that will replace current innovations imply that social benefits from innovation are not fully internalized. As a …