Innovation is part idea generation and part development. We build a model of "innovating-by-doing," whereby ideas come … to practitioners. Successful innovation requires that practitioners' ideas be developed through costly effort. Our model ….S. Medicare program on medical equipment innovation. Our model’s structure allows us to infer the Medicare program's aggregate …

increase mirroring the social cost of carbon. We find that the induced clean innovation response primarily comes from existing …

We study the interplay between scientific progress and culture through text analysis on a corpus of about eight million …

their technological creativity, and their response to such incentives increased overall technological progress. For this … reason, despite the defects of patent monopolies, developing economies today may still advance technological progress and …

more unevenly distributed than productivity, technical progress always increases inequality. Redistribution from profits to … competitively, they are proportional to productivity and the Marxian zone no longer exists. But technical progress always reduces …