decision itself. This paper discusses the likely impact of these patents on innovation. It first reviews the facts about … system and innovation. It concludes by finding some consensus in the literature about the problems associated with this …

on future prospects is revealed quickly and cheaply, and reduced the relative share of innovation in complex technologies …

What is the role of startups within the innovation ecosystem? Since 2000, startups have grown in their share of … ventures in the innovation process relative to more traditional alternatives such as academia and established private … generate predictions related to the value and impact of startup innovation. We then explore these predictions using patents …

Motivated by concerns that the patent system is hindering innovation, particularly for small inventors, this study … examination process significantly reduce firm growth, job creation, and innovation, even when a firm's patent application is …

This paper reviews recent academic work on the spatial concentration of entrepreneurship and innovation in the United … identify and discuss policies that are being pursued in the United States to encourage local entrepreneurship and innovation … works is quite limited. The best path forward involves extensive experimentation and careful evaluation …

We show that wrongful discharge laws - laws that protect employees against unjust dismissal - spur innovation and new … employers' ability to hold up innovating employees after the innovation is successful. By reducing the possibility of hold …

How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that … threat spurs innovation incentives in sectors close to the technological frontier--successful innovation allows incumbents to … prevent entry. In laggard sectors it discourages innovation--increased entry threat reduces incumbents' expected rents from …