This paper explores the economic incentives for medical procedure innovation. Using a proprietary dataset on billing … code applications for emerging medical procedures, we highlight two mechanisms that could hinder innovation. First, the … administrative hurdle of securing permanent, reimbursable billing codes substantially delays innovation diffusion. We find that …

innovation and knowledge management and their impact on performance at the firm level for a number of countries. These studies … have been conducted using data drawn from innovation surveys combined with data from a number of other sources. The issue … illustrates the value of these surveys in improving our understanding of innovation in firms and raises a number of questions for …

of patent law on innovation. The data have been constructed from the catalogues of two 19th century world fairs: the …

technological innovation …

outcome. The totality of possible outcomes drives the national innovation system and the returns to a particular successful … required to motivate investment attempting to turn them into an innovation. The alternative to a valuable proprietary … innovation is not the same innovation freely available but the unchanged generic technology. Growth is concentrated in any …

Innovation in SMEs exhibits some peculiar features that most traditional indicators of innovation activity do not … capture. Therefore, in this paper, we develop a structural model of innovation which incorporates information on innovation … both process and product innovation. Both these kinds of innovation have a positive impact on firm's productivity …