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 …

We investigate rewards to R&D in a model where substitute ideas for innovation arrive to random recipients at random …

Innovation and Institutions is an extensive elaboration on the make up of systems of innovation. It examines why some … countries are more innovative than others, why national styles of innovation differ, and goes on to explore why some countries …

'Frenkel and Maital provide a ground-breaking deeply-delving study of innovation systems, offering guidance for …-founder, Global Advanced Technology Innovation Consortium (GATIC). 'A must read for national policy makers, this book highlights the … role of innovation in overall economic wellbeing and the importance of a system-based approach to designing national …

This article adopts a marketing perspective to examine how blockchain technology can facilitate innovation by …

Innovation depends on exporting and, in particular, on scale and competition in export markets. We develop a theory … featuring (1) quality-segmented markets, (2) step-by-step innovation that moves firms forward along the quality ladder, and (3 …) escape-the-competition motives for innovation. We derive four predictions about the impact on innovation of scale and …

We document that monetary policy has a substantial impact on innovation activities. After a tightening shock of 100 …-based aggregate innovation index, declines by up to 9 percent in the following 2 to 4 years. Based on previous estimates of the … sensitivity of output to innovation activities, these magnitudes imply that output could be 1 percent lower after another 5 years …