We investigate the impact of investment in automation-related goods on adopting and non-adopting firms in the Italian … of Italian importing firms and estimate the effects on adopters' outcomes within a difference-indifferences design … exploiting import lumpiness in product categories linked to automation and AI technologies. We find a positive average adoption …

gains taxation, innovation subsidies, public R&D spending and other policy initiatives. …

, 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 …

We construct a tractable general equilibrium model of cumulative innovation and growth, in which new ideas strictly … the rate of innovation, as well as a separate optimal required inventive step that maximizes welfare, with the former …

-wage countries, especially China. Does this competition hurt or help innovation by firms? This paper studies the effect of the surge … in imports from China on innovation in the US manufacturing sector. We combine patent, firm and trade data during 1990 … positive effect on firm innovation, as measured by citation-weighted patent applications. This positive effect persists when we …

emanating from China's economic ascent could in theory either augment or stifle U.S. innovation. Using three decades of U ….S. patents matched to corporate owners, we quantify how foreign competition affects domestic innovation. Rising import exposure …

This paper reviews selected fiscal policy initiatives undertaken by US states to encourage job creation and innovation …. We begin with a discussion of some general considerations about the design of tax policies summarized in a tax policy … design table. Four policies are reviewed: job creation tax credits, research and development tax credits, a set of tax …