If one cluster increases local competitiveness, can politicians, by interlinking clusters, achieve an even better … effect at the state level? To answer this question, the paper analyzes the Cluster Initiativeʺ introduced in 1999 by the … Bavarian State Government. The purpose of the initiative was to create a Bavarian-wide innovation network in support of state …

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 …

This paper reviews selected fiscal policy initiatives undertaken by US states to encourage job creation and innovation … creating jobs and spurring innovation. The paper concludes with four other considerations need to be taken into account in …

Can historical institutions affect today's firm innovation? We analyze a historical experiment in 1902, when the … industrial firms in China, we show that firms in locations historically affected by the CMC rules exhibit higher innovation …

The paper aims at assessing discrete complementarities in innovation policies in the context of the Brazilian industry … on supermodularity and submodularity tests for obstacles to innovation (in the present application: lack of finance … analysis highlights the two phases of the innovation process in terms of the propensity and intensity of innovation. The …