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Do Funding Agencies Select and Enable Risky Research : Evidence from ERC Using Novelty as a Proxy of Risk Taking

Veugelers, Reinhilde; Wang, Jian; Stephan, Paula E. - National Bureau of Economic Research - 2022

Concern exists that public funding of science is increasingly risk averse. Funders have addressed this concern by soliciting the submission of high-risk research to either regular or specially designed programs. Little evidence, however, has been gathered to examine the extent to which such...

Persistent link: https://www.econbiz.de/10013361975

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

Back to Basics : Basic Research Spillovers, Innovation Policy and Growth

Akcigit, Ufuk - 2014

firms. Our key finding is that standard innovation policies (e.g., uniform R&D tax credits) can accentuate the dynamic …

Persistent link: https://www.econbiz.de/10013062730

Back to Basics : Basic Research Spillovers, Innovation Policy and Growth

Akcigit, Ufuk - 2013

firms. Our key finding is that standard innovation policies (e.g., uniform R&D tax credits) can accentuate the dynamic …

Persistent link: https://www.econbiz.de/10012459189

An Optimal Mechanism to Fund the Development of Vaccines Against Emerging Epidemics

Snyder, Christopher M.; Hoyt, Kendall; Gouglas, Dimitrios - National Bureau of Economic Research - 2022

We derive the optimal funding mechanism to incentivize development and production of vaccines against diseases with epidemic potential. In the model, suppliers' costs are private information and investments are noncontractible, precluding cost-reimbursement contracts, requiring fixed-price...

Persistent link: https://www.econbiz.de/10013462668

The Government Patent Register : A New Resource for Measuring U.S. Government-Funded Patenting

Gross, Daniel P.; Sampat, Bhaven N. - National Bureau of Economic Research - 2024

We introduce new historical administrative data identifying U.S. government-funded patents since the early twentieth century. In addition to the funding agency, the data report whether the government has title to the patent ("title" patents) or funded a patent assigned to a private organization...

Persistent link: https://www.econbiz.de/10014486228

Innovation and Climate Policy

Popp, David - 2012

literature on environmental innovation and diffusion, with a focus on studies relevant to the development of clean energy …

Persistent link: https://www.econbiz.de/10013116453

Private Equity and the Innovation Strategies of Entrepreneurial Firms : Empirical Evidence from the Small Business Innovation Research Program

Link, Albert - 2014

There is great interest in evaluating the impact of private equity investments on innovation and economic growth …. However, there is no direct empirical evidence on the effects of such transactions on the innovation strategies of … Business Innovation Research (SBIR) program research awards. We find that SBIR firms attracting private equity investments are …

Persistent link: https://www.econbiz.de/10013065646

Technology Variation vs. R&D Uncertainty : What Matters Most for Energy Patent Success?

Popp, David - 2014

R&D is an uncertain activity with highly skewed outcomes. Nonetheless, most recent empirical studies and modeling estimates of the potential of technological change focus on the average returns to research and development (R&D) for a composite technology and contain little or no information...

Persistent link: https://www.econbiz.de/10013066763

Estimating the Gains from Trade in the Market for Innovation : Evidence from the Transfer of Patents

Serrano, Carlos J. - 2014

The "market for innovation" -- the sale and licensing of patents -- is an often discussed source of incentives to … assumptions, allows us to quantify the gains resulting from the transfer of patents in the market for innovation. The gains from …

Persistent link: https://www.econbiz.de/10013067505