may affect social welfare and the rate and direction of innovation …

may affect social welfare and the rate and direction of innovation …

locations. In 12 of these areas, innovation is particularly concentrated in a single, large firm; we refer to such locations as …

locations. In 12 of these areas, innovation is particularly concentrated in a single, large firm; we refer to such locations as …

The extant literature linking slack time to innovation focuses on how slack time facilitates creative activities such … are less creative but still important for innovation, namely mundane, execution-oriented tasks. First, we document the …, we report timing and project type evidence consistent with the causal interpretation that slack time drives innovation …

Innovation is often predicated on discovering useful new combinations of existing knowledge in highly complex knowledge …

interplay of these two localized externalities and their impact on regional innovation. We examine MSA-level patent data during … the period 1975-2000 and find that innovation output is higher where large and small labs coexist. The finding is robust …