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Crisis Innovation Policy from World War II to COVID-19
Gross, Daniel P.; Sampat, Bhaven N. - National Bureau of Economic Research - 2021
Innovation policy can be a crucial component of governments' responses to crises. Because speed is a paramount … objective, crisis innovation may also require different policy tools than innovation policy in non-crisis times, raising … distinct questions and tradeoffs. In this paper, we survey the U.S. policy response to two crises where innovation was crucial …
Persistent link: https://www.econbiz.de/10012585399
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The Economics of Crisis Innovation Policy : A Historical Perspective
Gross, Daniel P.; Sampat, Bhaven N. - 2021
-produced penicillin, antimalarials, and a flu vaccine. We draw on this episode to discuss the economics of crisis innovation. Since the …
Persistent link: https://www.econbiz.de/10013251453
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Expected Profits and The Scientific Novelty of Innovation
Dranove, David - 2020
Innovation policy involves trading off monopoly output and pricing in the short run in exchange for incentives for …
Persistent link: https://www.econbiz.de/10012481677
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The Economics of Crisis Innovation Policy : A Historical Perspective
Gross, Daniel P.; Sampat, Bhaven N. - National Bureau of Economic Research - 2021
-produced penicillin, antimalarials, and a flu vaccine. We draw on this episode to discuss the economics of crisis innovation. Since the …
Persistent link: https://www.econbiz.de/10012482553
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Expected Profits and the Scientific Novelty of Innovation
Dranove, David; Garthwaite, Craig; Hermosilla, Manuel - 2022
Innovation policy involves trading off monopoly output and pricing in the short run in exchange for incentives for …
Persistent link: https://www.econbiz.de/10013309194
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Innovation Market Failures and the Design of New Climate Policy Instruments
Armitage, Sarah C.; Bakhtian, Noël; Jaffe, Adam B. - National Bureau of Economic Research - 2023
externalities but also by innovation market failures. This paper maps the economics literature on innovation market failures and …
Persistent link: https://www.econbiz.de/10014337854
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Can Operation Warp Speed Serve as a Model for Accelerating Innovations Beyond COVID Vaccines?
Hoyt, Kendall; Snyder, Christopher M.; Stapp, Alec - National Bureau of Economic Research - 2024
Operation Warp Speed (OWS) was a U.S. government-led program to accelerate the development, production, and administration of COVID-19 vaccines. The program cut the typical ten-year timeline needed to develop a new vaccine down to ten months and began vaccinating vulnerable populations within a...
Persistent link: https://www.econbiz.de/10015056157
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Bias Against Novelty in Science : A Cautionary Tale for Users of Bibliometric Indicators
Wang, Jian - 2016
Research which explores unchartered waters has a high potential for major impact but also carries a higher uncertainty of having impact. Such explorative research is often described as taking a novel approach. This study examines the complex relationship between pursuing a novel approach and...
Persistent link: https://www.econbiz.de/10012993848
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Science as a Public Good : Public Use and Funding of Science
Yin, Yian; Dong, Yuxiao; Wang, Kuansan; Wang, Dashun; … - National Bureau of Economic Research - 2021
Knowledge of how science is consumed in public domains is essential for a deeper understanding of the role of science in human society. While science is heavily supported by public funding, common depictions suggest that scientific research remains an isolated or 'ivory tower' activity, with...
Persistent link: https://www.econbiz.de/10012510627
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Procuring Knowledge
Maurer, Stephen M.; Scotchmer, Suzanne - 2021
There is growing public interest in alternatives to intellectual property including, but not limited to, prizes and government grants. We argue that there is no single best mechanism for supporting research. Rather, mechanisms can only be compared within specific creative environments. We...
Persistent link: https://www.econbiz.de/10013218398