entrepreneurs’ choice of riskiness (quality) of an innovation project, and on their mode of commercializing the innovation (market …

study the effect of a net neutrality regulation on capacity investments in the market for Internet access, and on innovation … capacity and content innovation are both higher than under net neutrality. Total welfare increases, though the discriminatory …

Patents are a useful but imperfect reward for innovation. In sectors like pharmaceuticals, where monopoly distortions … lower prices. Innovation prizes and other non-patent rewards are becoming more prevalent in government's innovation policy … therefore can generate the right innovation incentives. …

This paper provides an update of the NESTA Innovation Index and tries to calculate some facts for the 'knowledge …

outsourcing, profits and innovation using plant level data. We find a positive effect of international outsourcing of services on … activities towards innovation. We also find that international services outsourcing has a positive effect on profitability, as …

intervention, affecting the expected profitability of innovation, may both thwart the incentives to undertake research (average … deterrence) and guide the use to which innovation is put (marginal deterrence). We show that public intervention should become …

firm's incentives for R&D. These changes influence the probability of innovation through two effects: changes in total R … shift from the rival firm to the dominant firm is a good thing as it decreases the likelihood of duplicate innovation (we … rights are strong. That is, firm dominance is good for innovation when (but only when) property rights are strong. We also …

innovation activities. The selection of high-skill managers is more important for innovation activities. As the economy … investments, but little selection. Closer to the world technology frontier, there is a switch to an innovation-based strategy with …