success of the invention. Prize-oriented institutions thus appear to be less systematic and not as market-oriented as patent …Such institutions as patent systems cannot be well understood without an assessment of technological creativity in …. Accordingly, this paper offers an empirical comparison of patents in relation to the award of prizes for technological innovation …

This paper develops a game-theoretic model that predicts when a university invention is commercialized in a start …

"In advanced economies like the United States, innovation has long been recognized as a central force for increasing … socioeconomic prosperity and improving human health. Today, U.S. government policy seeks to promote innovation through a suite of … Business Innovation Research program to the National Science Foundation. This book surveys key dimensions of innovation policy …

disclosure and commercialization (including patent rights) made by major funding organizations, noting the great variation …, paradoxical effects, providing short-term openness while stifling longer-term innovation. Implications for empirical evaluation …