This paper traces the 11,000 year evolution of infrastructure systems during major periods of innovation, expansion and … millennia, although at times it has been pivotal in bringing innovation, taking risks and driving efficiency. It is argued that … innovation cycles, stressing that only an evolutionary, multi-disciplinary, systems approach embracing technology, finance, 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 …

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 …

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

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 …

industries. The same pattern shows up in the three Dutch Community Innovation Surveys. …

innovation, we characterize such "radical teams" as those formed by eclectic and non-usual collaborators, and those that are …