expensive and innovation investments that increase labor productivity are more profitable. We incorporate this channel in a new …

policy is likely to increase global emissions. -- technical change ; climate change ; development ; innovation ; spillovers …

. The second issue is whether environmental policy increases or decreases total investment and innovation. Even when … rate of innovation, which crowds out production and consumption, and thus makes environmental policy more costly. Finally … ; innovation policy ; induced technical change ; pollution-saving technical change ; pollution-using technical change ; crowding …

This paper reviews selected fiscal policy initiatives undertaken by US states to encourage job creation and innovation … policies targeted to the biotechnology industry, and a broad set of tax policies that attract star scientists. The experiences … creating jobs and spurring innovation. The paper concludes with four other considerations need to be taken into account in …

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

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 …

linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its … strength. Past innovation network structures are calculated using citation patterns across technology classes during 1975 … predictive power on future innovation after 1995. This pattern is consistent with the idea that when there is more past upstream …