This chapter reviews academic research on the connections between agglomeration and innovation. We first describe the … conceptual distinctions between invention and innovation. We then describe how these factors are frequently measured in the data …, industrial diversity) that theoretical and empirical work link to innovation, and we discuss factors that help sustain these …

entrant or incumbent firm. If the inventor works for the entrant the innovation is implemented and the entrant displaces the …

-dimensional connections between globalization and innovation. We develop a model that features many of those mechanisms that connect trade and … innovation. It features the joint selection of firms into innovation and international market participation (in our model, we … for innovation …

How do non-practicing entities ("Patent Trolls") impact innovation and technological progress? Although this question …", who exploit the patent system to extract rents and thereby hurt innovation. We employ unprecedented access to NPE … also find that downstream innovation drops in fields where patents have been acquired by NPEs. Finally, our numerical …

This paper studies the effect of corporate and personal taxes on innovation in the United States over the twentieth … innovation: higher personal and corporate income taxes negatively affect the quantity and quality of inventive activity and shift … to another are important, but do not account for all of the effect. Agglomeration effects from local innovation clusters …

Do political connections affect firm dynamics, innovation, and creative destruction? We study Italian firms and their … firms to invest in innovation and/or political connection to advance their productivity and to overcome certain market …

How do innovation and education policy affect individual career choice and aggregate productivity? This paper analyzes … about the links between talent, higher education, and innovation. We use these facts to calibrate the model and study … combined with higher education policy that alleviates financial frictions for talented youth. Education and innovation policies …

Tech clusters like Silicon Valley play a central role for modern innovation, business competitiveness, and economic …