, the forces of innovation and diffusion combine to shape trade substitution patterns. Innovation makes a country … technological similarity and increases head-to-head competition. In the special case of an innovation-only model where countries do … observable trade flows and the dynamics of innovation and knowledge diffusion …

We study the optimal allocation of R&D resources in an endogenous growth model with an innovation network, through … more R&D toward key sectors that are upstream in the innovation network. Second, we extend to an open-economy setting and … spillovers has less incentive to direct resources toward innovation-upstream sectors, leading to cross-country differences in …

major changes in the American innovation ecosystem over the past century. The past three decades have been marked by a …

). We present models in the literature that extend the EK model of trade to innovation, diffusion, and multinational firms …

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 …