relating to patenting, robust conclusions regarding the empirical consequences for technological innovation of changes in …

development of new energy technologies (Popp, 2017). Energy innovation tends to consist of a series of partially overlapping …

externalities but also by innovation market failures. This paper maps the economics literature on innovation market failures and …

The 'quality' of novel technological innovations is extremely variable, and the ability to measure innovation quality … is essential to sensible, evidence-based policy. Patents, an often vital precursor to a commercialised innovation, share …

innovation in a socially desirable substitute. Evolutionary theory emphasizes the possibility of innovation waves associated with … products. It does appear, however, that dominant designs did have substantial positive innovation effects. More specifically … innovation effects at the firm level than among individual inventors …

As an empirical example of this externality, we analyze the innovation induced by the obesity epidemic. Obesity is … associated with an increase in the incidence of many diseases. The induced innovation hypothesis is that an increase in the … incidence of a disease will increase technological innovation specific to that disease. The empirical economics literature has …

opportunities. The paper also provides new evidence on induced pharmaceutical innovation. In both cases we use the change in the … demographic structure of the market (measured by age structure and obesity prevalence) to test the induced innovation hypothesis … pharmaceutical innovation responds to aging- and obesity-induced changes in potential market size …

have the potential to advance scholarship on the life course of innovation with implications for workplace policies …