We model early expectations about the value and technological importance ('quality') of a patented innovation as a …

's most persistent pockets of joblessness. Could a more even spatial distribution of innovation reduce American joblessness …? Could Federal policies disperse innovation without significant costs? If research funding is already maximizing knowledge … production, then spatial reallocation of that funding will reduce America's overall innovation unless that reallocation comes …

This paper studies how insurance coverage policies affect incentives for pharmaceutical innovation. In the United …

Innovation policy involves trading off monopoly output and pricing in the short run in exchange for incentives for …

World War II innovation model in other crises. In this essay we describe exactly how it worked. We do so first through a … general overview of how OSRD approached several questions that may confront any crisis innovation effort: priority setting … innovation policy different, how crisis innovation policy approaches may vary, and the limits to generalizing from World War II …

justify high prices for the population as a whole, innovation improves the welfare of sicker, late-stage cancer patients. A …