Business environments dominated by information flows and autonomous tasks, typical of knowledge-intensive industries … gains from relatively high levels of trust in knowledge-rich environments are estimated to be sizeable and our estimates …

We examine the relationship between product liability litigation and innovation by systematically combining data on …

This paper studies the links between productivity, innovation and research at th level. We introduce three new features …: (i) A structural model that explains pro by innovation output, and innovation output by research investment; (ii) New dat … the available data: only a small proportion of firms engage in resea apply for patents; productivity, innovation and …

Liability laws designed to compensate for harms caused by defective products may also affect innovation. We examine … negative impact on downstream innovation in medical implants, but it had no significant effect on upstream polymer patenting … effect on downstream innovation …

that the total current period (static) welfare gains of introducing a process or a product innovation are, on average …

" about future performance and standard measures of corporate innovation. We begin by developing a career concern model where … probability of failure, are more likely to pursue innovation, and that this effect is larger in more competitive industries. We …