opportunity and in encouraging trade in new technological knowledge. Through setting low fees and establishing administrative … cost of transacting in them. Creating secure assets in new technological knowledge and facilitating access to markets in …

findings in part explain why innovation prizes lost favour as a technology policy instrument in both the United States and …

. Accordingly, this paper offers an empirical comparison of patents in relation to the award of prizes for technological innovation … unpredictable, and was unrelated to such proxies for the productivity of the innovation as inventive capital or the commercial …