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We present evidence of a causal impact of research and development (R&D) tax incentives on innovation. We exploit a … that the R&D generated by the tax policy creates positive spillovers on the innovations of techno-logically related firms …
Persistent link: https://www.econbiz.de/10012986700
&D investments being complementary to each other, and to what extent are potential R&D spillovers internalized in the market? …
Persistent link: https://www.econbiz.de/10013221941
The National Institute of Health (NIH), through its extramural grant program, is the primary public funder of health-related research in the United States. Peer review at NIH is organized around the twin principles of investigator initiation and rigorous peer review, and this combination has...
Persistent link: https://www.econbiz.de/10013066024
This paper examines the impact of government assistance through R&D grants on innovation output for firms in New … the world while its effects on process innovation and any product innovation are relatively much weaker. Moreover, there …
Persistent link: https://www.econbiz.de/10013017090
subsidies and trade policies on the long-run rates of innovation in trade partner countries and on the long-run pattern of trade …In this paper, I develop a model of dynamic comparative advantage based on endogenous innovation. Firms in each of two … and scarcity of natural resources, will specialize relatively in industrial innovation and in the production of high …
Persistent link: https://www.econbiz.de/10013237270
-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
We review the recent literature on the financing of innovation, inclusive of large companies and new startups. This … related to innovation. We highlight the new literature on learning and experimentation across multi-stage innovation projects … innovation and changing external conditions, especially reduced experimentation costs …
Persistent link: https://www.econbiz.de/10013031824
U.S. National Institutes of Health's (NIH's) Small Business Innovation Research (SBIR) award program. Based on this …
Persistent link: https://www.econbiz.de/10012750210
This article investigates how a firm's financial strength affects its dynamic decision to invest in R&D. We estimate a dynamic model of R&D choice using data for German firms in high-tech manufacturing industries. The model incorporates a measure of the firm's financial strength, derived from...
Persistent link: https://www.econbiz.de/10012997893
inputs to and outputs of government intramural technological innovation. We measure innovative effort and results by … other disciplines. We discuss the implications of our findings for both public- and private-sector innovation efforts and …
Persistent link: https://www.econbiz.de/10013293708