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Bias against Novelty in Science : A Cautionary Tale for Users of Bibliometric Indicators
Wang, Jian - 2016
Research which explores unchartered waters has a high potential for major impact but also carries a higher uncertainty of having impact. Such explorative research is often described as taking a novel approach. This study examines the complex relationship between pursuing a novel approach and...
Persistent link: https://www.econbiz.de/10012456495
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Tax Policy for Innovation
Hall, Bronwyn H. - 2019
A large number of countries around the world now provide some kind of tax incentive to encourage firms to undertake innovative activity. This paper presents the policy rationale for these incentives, discusses their design and potential effectiveness, and reviews the empirical evidence on their...
Persistent link: https://www.econbiz.de/10012479723
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The Financing of R&D and Innovation
Hall, Bronwyn H. - 2009
Evidence on the "funding gap" for investment innovation is surveyed. The focus is on financial market reasons for …
Persistent link: https://www.econbiz.de/10012463325
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Innovation and Productivity
Hall, Bronwyn H. - 2011
What do we know about the relationship between innovation and productivity among firms? The workhorse model of this … innovation are derived. The recent empirical evidence on the relationship between innovation and productivity in firms is then … surveyed. The conclusion is that there are substantial positive impacts of product innovation on revenue productivity, but that …
Persistent link: https://www.econbiz.de/10012461479
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Do Funding Agencies Select and Enable Risky Research : Evidence from ERC Using Novelty as a Proxy of Risk Taking
Veugelers, Reinhilde; Wang, Jian; Stephan, Paula E. - National Bureau of Economic Research - 2022
Concern exists that public funding of science is increasingly risk averse. Funders have addressed this concern by soliciting the submission of high-risk research to either regular or specially designed programs. Little evidence, however, has been gathered to examine the extent to which such...
Persistent link: https://www.econbiz.de/10013361975