A large portion of innovators do not patent their inventions. This is a relative puzzle since innovators are often …

between military and civil technology, at the different motives that drive innovation in the two sectors, and at the …

substantive explanation for the big wave lies in the timing of inventions. MFP growth during the ‘big wave’ period benefited from … the diffusion of four great clusters of inventions that dwarf today's information technology revolution in their combined …

environmental regulations can spur more rapid innovation. I present a general framework for the analysis of these questions. I …

sectors (inter-sectoral spillovers), or at the international level. We find that innovation is strongly driven by knowledge … spillovers, especially those occurring at the national level. Wind and solar technologies exhibit distinct innovation … only influential in the case of wind technology. We also find evidence that public R&D stimulates innovation, particularly …

more important for small-firm innovation than for their larger counterparts. …

study the equilibrium relationship between market structure and innovation. The key state variable in the model is the …. Efficiency is estimated to be stochastically increasing in the dynamic control--innovation--which is proxied by patenting … behavior. Equilibrium innovation is a function of all state variables in the industry and the cost of R&D which includes a …

normative analysis, i.e. we evaluate alternative competition and innovation policies from a welfare perspective. Third, we … approach in several ways. We reproduce the empirical finding that innovation levels are higher in markets with lower price … dynamic markets characterized by higher levels of innovation should be less competitive. Furthermore, we demonstrate how our …

of an asymmetric transmission of oil price innovations. Moreover, many of the papers quantifying these asymmetric … output triggered by positive and negative oil price innovations are asymmetric. Recently, a number of new methodologies have … to positive and negative oil price innovations. Our objective is to put this literature in perspective, to contrast it …