Abstract U.S. firms have reduced their investment in scientific research ("R") compared to product development ("D … disaggregates "R" from "D" to study how US firms adjust their innovation investments in response to an external increase in funding …. This reduction in R&D is achieved almost entirely by reducing investments in basic and applied research. Development …

Understanding factors affecting the direction of innovation is a central aim of research in the economics of innovation … several contexts for research in innovation. We benchmark and demonstrate the benefits of this approach in the context of 44 …

, along with a more complex set of innovation incentives. This chapter presents background on medical device regulation … adverse events and recalls), and concludes with a discussion of the implications of regulation for innovation incentives in …

What is the role of startups within the innovation ecosystem? Since 2000, startups have grown in their share of … commercializing research from top U.S. universities; however, prior work has little to say on the particular advantages of startup … ventures in the innovation process relative to more traditional alternatives such as academia and established private …

This paper examines whether there are complementarities between investments in ICT, R&D and organizational innovation …, and the effects of different investment profiles on total factor productivity growth on Dutch firm-level data. We estimate … an integrated model of investment profile adoption and total factor productivity growth. We find that the three …

effect of spillovers on research productivity of firms exceeds the structural effect because it includes an active learning …This paper explores the implications of a simple model of learning and innovation by firms. In this model R … expenditures and internal research expenditures. The findings are consistent with the view that learning expenditures transmit the …