We study innovation contests with asymmetric information and identical contestants, where contestants' efforts and … highest quality and receives the revenue generated by the innovation. We characterize the equilibrium behavior, outcomes and …

, we empirically analyze the determinants of innovation in electricity generation, and the role of storage in directing … innovation. Our results show that electricity storage increases innovation not only in renewables but also in conventional … technologies. This implies that efforts to increase innovation in storage can benefit conventional, fossil fuel-fired electricity …