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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

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

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

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

Inventing the Endless Frontier : The Effects of the World War Ii Research Effort on Post-War Innovation

Gross, Daniel P.; Sampat, Bhaven N. - 2022

During World War II, the U.S. government launched an unprecedented effort to mobilize science for war: the newly-established Office of Scientific Research and Development (OSRD) entered thousands of R&D contracts with industrial and academic contractors, spending one to two orders of magnitude...

Persistent link: https://www.econbiz.de/10013292242

European Technology Policy

Eaton, Jonathan; Gutierrez, Eva; Kortum, Samuel S. - 2021

European countries do less research than Japan and the United States. We use a quantitative multi-country growth model to ask: (i) Why is this so? (ii) Would there be any benefit to expanding research in Europe? (iii) What would various European research promotion policies do? We find that (i)...

Persistent link: https://www.econbiz.de/10013245102

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