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the U.S. Air Force Small Business Innovation Research (SBIR) program that transitioned from "Conventional topics," which … innovation even in less specific Conventional topics. The results suggest that government (and perhaps private sector) innovation …
Persistent link: https://www.econbiz.de/10012510578
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 …
Persistent link: https://www.econbiz.de/10012482599
In many growth models, economic growth arises from people creating ideas, and the long-run growth rate is the product of two terms: the effective number of researchers and their research productivity. We present a wide range of evidence from various industries, products, and firms showing that...
Persistent link: https://www.econbiz.de/10012453929
When labour market competition is imperfect, positive industry (and firm) productivity shocks can be passed through to workers in the form of higher wages. We document how the UK auto industry, following a period of decline, experienced a four-decade-long productivity boom. There was a...
Persistent link: https://www.econbiz.de/10014635658
our general infrastructure is not quite adequate to support it”.(AIM Review on Networking and Innovation, 2003).The major … was designed to explore innovation and networking in the UK.It was undertaken over an eight-week period; identified 628 …
Persistent link: https://www.econbiz.de/10005866361
, both in terms of product and process innovation. Particular areas of concern include – patenting, commercialization … continue to compete on the basis of low cost and that companies have to shift their focus to higher value and innovation.5 …
Persistent link: https://www.econbiz.de/10005866370
If innovation is to be subsidized, a natural place to start is to increase the quantity and quality of human capital …. Innovation, after all, begins with people. Simply stimulating the "demand side" through R&D subsidies and tax breaks may only … can both directly increase innovation and reduce its cost. This paper examines the evidence on human capital policies for …
Persistent link: https://www.econbiz.de/10012510591
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 …
Persistent link: https://www.econbiz.de/10012479449
effect on innovation. We develop a simple "trapped factor" model of innovation that is consistent with these empirical …
Persistent link: https://www.econbiz.de/10012461940
We present evidence of a causal impact of research and development (R&D) tax incentives on innovation. We exploit a …
Persistent link: https://www.econbiz.de/10012456272