of innovation and imitation, we explore how inventive capability affects a firm's R&D investments, and thus whether and … innovation and the division of innovative labor among US manufacturing firms, we find that high capability firms tend to use …

While policymakers often assume venture capital has a profound impact on innovation, that premise has not been … measures of innovation are used in a sample of 530 venture-backed and non-venture-backed firms …

An inventor's own knowledge is a key input in the innovation process. This knowledge can be built by interacting with … of our new innovation-led endogenous growth model, in which innovations are produced by heterogeneous research teams of … model nests inside the innovation-based endogenous growth model. We estimate the model, which fits the data very closely …

While the importance of innovation to economic development is widely understood, the conditions conducive to it remain … relating to the economics of innovation and technological change while revisiting the findings of a classic book. Central to … public and private sectors affects innovation. Other essays examine the practice of open research and how the diffusion of …

agenda to integrate major research streams treating innovation as an object of economic analysis into our standard models … outcome. The totality of possible outcomes drives the national innovation system and the returns to a particular successful … required to motivate investment attempting to turn them into an innovation. The alternative to a valuable proprietary …