research on the connections between agglomeration and innovation. The authors first describe the conceptual distinctions … between invention and innovation. They then discuss how these factors are frequently measured in the data and note some …, industrial diversity) that theoretical and empirical work link to innovation, and they discuss factors that help sustain these …

innovation. Intellectual property rights protection allows the incumbent firms to capture part of the rents of commercial … generate new knowledge. This has a positive impact on entrepreneurship and innovation. However, after some point, further …