Innovation is the ruling buzzword in business today. Technology companies invest billions in developing new gadgets …; business leaders see innovation as the key to a competitive edge; policymakers craft regulations to foster a climate of … innovation. And yet businesses report a success rate of only four percent for innovation initiatives. Can we significantly …

innovation process. This annual series, sponsored by the National Bureau of Economic Research, brings the work of leading … industry; a new mechanism to create economic incentives for producers of digital goods that both stimulates innovation and …

The economic importance of innovation brings with it an active debate on the impact public policy has on the innovation … effect of taxes on entrepreneurship; and how to incorporate innovation into the analysis of business mergers. These papers …, innovation, and the commercialization of new technologies. …