patents per capita, holding across countries as well as US states, with and without controls. In this paper we turn to the …, broadly defined (e.g., attitudes toward science and technology, new versus old ideas, change, risk taking, personal agency … for all standard socio-demographics as well as country, year and denomination fixed effects. Across the fifty …

We describe new ideas as incomplete concepts for which the innovator needs feedback from agents with complementary … skills. Once shared, ideas may be stolen. We compare how different contractual environments support invention and … implementation. Markets, as open exchange systems, are good for circulation and thus elaboration, but may fail to reward idea …

, including ideas and research, from their strategic suppliers. A careful design of procurement policy is crucial to make …To stay on top of global competition, firms and governments often need to acquire innovative goods and services … consider a menu of procurement methods and policies for best procuring new knowledge and innovative products, discussing their …

Innovative ideas are novel combinations of productive resources potentially addressing an economic need (Schumpeter …, 1926). Even promising ideas can be unprofitable if the proposed combination fails on at least one dimension, e.g., it is … technically unfeasible or does not respond to a genuine customer need. To screen good ideas the entrepreneur needs to hire experts …

We analyze the joint dynamics of religious beliefs, scientific progress and coalitional politics along both religious … part of the paper’s motivating evidence we also uncover a new fact: in both international and cross-state U.S. data, there … is a significant and robust negative relationship between religiosity and patents per capita. The political-economy model …