-return characteristics of the selected innovation project and the mode of commercialization chosen by entrepreneurs (market entry versus sale …

keeping the peace between users of old and new technologies are allowed to call the shots, innovation and the modern world is …

,” for example, came from American gold, not from population increases, and did not inspire innovation. Commercialization … was the positive sum arising from innovation. …

aggressive development of a basic innovation by better informed venture-backed firms is used as a signaling device to enhance the … sale price of the innovation. We then show that incumbents can undertake early, preemptive, acquisitions to prevent such … signaling driven overinvestment, despite the risk of buying a non-productive innovation. Therefore, to exist in equilibrium …

successes of innovation rise up to kill the innovation. We should resist it. …

innovation after 1848; and volume 6 asks which of the present-day complaints about free-market economies has merit. Since the … that innovation has destroyed the environment. Both left and right are suspicious of the modern world, often for the same … reasons. “The Bourgeois Era” argues that both are mistaken: that innovation has elevated people, in more than goods alone. …

in physical or human capital. Innovation 1700-2010 pushed the marginal product of all capitals steadily out, and the …

apartheid, been profitable. The episode of economic success in Europe came from domestic sources of innovation, not from …