's fairs between 1851 and 1915. Exhibition data show that the industry where an innovation is made is the single most important …

An inventor's own knowledge is a key input in the innovation process. This knowledge can be built by interacting with … of our new innovation-led endogenous growth model, in which innovations are produced by heterogeneous research teams of … model nests inside the innovation-based endogenous growth model. We estimate the model, which fits the data very closely …

knowledge is an input into internal invention, and thus, more valuable to firms with inventive capability. Using a simple model … of innovation and imitation, we explore how inventive capability affects a firm's R&D investments, and thus whether and … innovation and the division of innovative labor among US manufacturing firms, we find that high capability firms tend to use …

We examine the golden age of U.S. innovation by undertaking a major data collection exercise linking historical U … macro and micro-level determinants. We find a positive relationship between innovation and drivers of regional performance … delayed marriage, and tended to migrate to places that were conducive to innovation. Father's income was positively correlated …

Debates have long centered around the relative merits of prizes and other incentives for technological innovation. Some … proof of the efficacy of innovation prizes. The Society initially was averse to patents and prohibited the award of prizes … technological innovation and long-term economic development …

. Accordingly, this paper offers an empirical comparison of patents in relation to the award of prizes for technological innovation … unpredictable, and was unrelated to such proxies for the productivity of the innovation as inventive capital or the commercial … success of the invention. Prize-oriented institutions thus appear to be less systematic and not as market-oriented as patent …

evaluate which type of work is more likely to spur further invention. When recent advances create superior opportunities for … invention, their adoption as research inputs in the invention process promotes technological progress. The gains from pursuing … determine idea inputs in invention based on the text of nearly every US patent granted during 1836–2010. We find that inventions …

, droughts and flooding on the innovation of their respective mitigation technologies. Using patent and disaster data, our study … is the first to relate natural disasters to technology innovation, and also presents the first attempt to empirically …

Previous studies have found large gender and racial differences in commercialization of invention. Using novel data … commercial activity related to invention are lower than once thought. This is despite relatively lower patent activity among …