This paper analyzes empirically the channels through which university research affects industry innovation. We examine how the opening of new science, medicine and engineering departments in Italy during 1985-2000 affected regional innovation systems. We find that creation of a new university...

This paper looks at the special characteristics of radical inventions. It tries to identify those variables that differentiate radical inventions from non-radical inventions. Since radical inventions are very important for the economy as a whole and for the individual firm performances,...

Recent accounts suggest the development and commercialization of invention has become more "open." Greater division of labor between inventors and innovators can enhance social welfare through gains from trade and greater economies of specialization. Moreover, this extensive reliance upon...

We examine the impact of individual-level motives upon innovative effort and performance in firms. Drawing from economics and social psychology, we develop a model of the impact of individuals' motives and incentives upon their innovative effort and performance. Using data on over 11,000...

Los Institutos Tecnológicos Públicos (ITPs) en América Latina han sufrido un deterioro significativo de sus capacidades en las últimas décadas. En la mayoría de los países están a la deriva, sin que exista una visión y misión claramente establecidas, contribuyendo a su pérdida de foco...

We offer new evidence on indigenous innovation and intellectual returnees by estimating the relationship between patenting by Chinese photovoltaic firms and the presence of corporate leaders with international experience. Our research approach combines data from three sources: the industrial...

Nano science and technology (nano S&T) has potential to change our lives for the better, but at the same time, it causes also a significant amount of concern in terms of related health, environmental, ethical and societal risks. It is increasingly recognized that addressing these concerns...

Schumpeterian growth theory has "operationalized" Schumpeter''s notion of creative destruction by developing models based on this concept. These models shed light on several aspects of the growth process which could not be properly addressed by alternative theories. In this survey, we focus on...