The "market for innovation" -- the sale and licensing of patents -- is an often discussed source of incentives to … assumptions, allows us to quantify the gains resulting from the transfer of patents in the market for innovation. The gains from … patent has a higher value. In addition, we study the effect that lowering the costs of technology transfer has on the …

While many studies have looked at innovation and adoption of technologies separately, the two processes are linked …. Advances (and expected advances) in a single technology should affect both its adoption rate and the adoption of alternative …

Why don't poor countries adopt more productive technologies? Is there a role for policies that coordinate technology … adoption? To answer these questions, we develop a quantitative model that features complementarity in firms' technology …

and technical assistance in the same period. We interpret this as supportive of the interpretation that technology …

Technological diffusion implies a form of 'conditional convergence' as lagging countries catch up with technological … leaders. We find strong evidence of technological diffusion but not full convergence; differences in total factor productivity …

', meaning that the productivity of R&D in downstream sectors increases as a consequence of innovation in the GPT. Thus, as GPT … users is limited to arms-length market transactions, there will be "too little, too late" innovation in both sectors …

Technology change is modeled as the result of decisions of individuals and groups of individuals to adopt more advanced …

technology already in use by other firms. We characterize the growth rate using summary statistics of the profit distribution … increased export opportunities and foreign competition, induces more rapid technology adoption, and generates faster growth …

"Innovation and entrepreneurship are ubiquitous today, both as fields of study and as starting points for conversations … a nuanced understanding of where innovation and entrepreneurship occur and where they matter. Answering these questions … allows for strategic public investment and the infrastructure for economic growth.The Role of Innovation and Entrepreneurship …