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 …

choice between incremental and radical innovation, and on how managers of different ages and human capital are sorted across … measures of creative innovations proxy for innovation quality (average number of citations per patent) and creativity (fraction …

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 …

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 …

U.S. National Institutes of Health's (NIH's) Small Business Innovation Research (SBIR) award program. Based on this …

's most persistent pockets of joblessness. Could a more even spatial distribution of innovation reduce American joblessness …? Could Federal policies disperse innovation without significant costs? If research funding is already maximizing knowledge … production, then spatial reallocation of that funding will reduce America's overall innovation unless that reallocation comes …

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 …

-produced penicillin, antimalarials, and a flu vaccine. We draw on this episode to discuss the economics of crisis innovation. Since the …

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 …