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

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

We study the global innovation and diffusion of ideas by introducing trade into the model in Eaton and Kortum (1999 … intensity of innovation within countries over time and diffusion rates across countries. We find significant specialization … across the globe: some countries have high innovation rates, while other countries rely on diffusion. Although innovation is …

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 …

disaggregates "R" from "D" to study how US firms adjust their innovation investments in response to an external increase in funding …

This paper explores the implications of a simple model of learning and innovation by firms. In this model R … learning and innovation, with learning responding to opportunities, innovation responding to learning and own R&D, and a stream …

two strategies toward that end: imitation and innovation. The theory bears predictions about the evolution of the …