We introduce a tractable model of endogenous growth in which the returns to innovation are determined by the technology …

major changes in the American innovation ecosystem over the past century. The past three decades have been marked by a …

We propose a new measure of the economic importance of each innovation. Our measure uses newly collected data on … our measure suggests that technological innovation accounts for significant medium-run fluctuations in aggregate economic …

During the Industrial Revolution technological progress and innovation became the main drivers of economic growth. But …

innovation distinguishing between "dirty" (internal combustion engine) and "clean" (e.g. electric and hybrid) patents across 80 … tax-inclusive fuel prices. Furthermore, there is path dependence in the type of innovation both from aggregate spillovers … and from the firm's own innovation history. Using our model we simulate the increases in carbon taxes needed to allow …

the evaluations were done at the recipient (firm) level using data from innovation surveys, industrial surveys, and … innovation activities. However, the analysis does not find much statistically significant impact on patents or new product sales …

opportunities. The paper also provides new evidence on induced pharmaceutical innovation. In both cases we use the change in the … demographic structure of the market (measured by age structure and obesity prevalence) to test the induced innovation hypothesis … pharmaceutical innovation responds to aging- and obesity-induced changes in potential market size …

overwhelmed by technological and regulation-induced innovation …