There is little econometric study of how governments should procure innovation. One choice facing policymakers is …” approach). We exploit a natural experiment in the widely emulated Small Business Innovation Research (SBIR) program. From 2018 … commercial innovation measured by VC funding and patenting. By contrast, Conventional awards have no effects on these outcomes …

innovation distinguishing between "dirty" (internal combustion engine) and "clean" (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …

We examine the economic analysis of the relationship between innovation and product market competition. First, we give … idea that innovation rises and then eventually falls as the intensity of competition increases. Thirdly, we look at recent …