innovation. After identifying pervasive market failures in innovation, it explains why those associated with the Nordic model may … be particularly conducive to innovation, and demonstrates that, in general, the optimal policies of the leader should … industrial policies, public investments, and systems of social protection), not only leading to more innovation, but ensuring …

' decisions whether to innovate “clean” or “dirty”. We first develop a step-by-step innovation model to capture the basic … green innovation as major increase in fuel prices …

The extant literature linking slack time to innovation focuses on how slack time facilitates creative activities such … are less creative but still important for innovation, namely mundane, execution-oriented tasks. First, we document the …, we report timing and project type evidence consistent with the causal interpretation that slack time drives innovation …

Recent work has revived the Schumpeterian hypothesis that recessions facilitate innovation and growth. But a major …

Recent medical research shows that health is highly influential for learning and the ability to think laterally …; however, past economic studies have failed to empirically examine the influence of health on learning, schooling, and ideas …

, do not merit infinite negative utility. Given learning, greater uncertainties about damages could increase or decrease …