innovation can be systematically distorted. This paper builds a simple model of endogenous technology, which generalizes existing … comparative static results and characterizes potential distortions in the direction of innovation. I show that empirical findings …

, along with a more complex set of innovation incentives. This chapter presents background on medical device regulation … adverse events and recalls), and concludes with a discussion of the implications of regulation for innovation incentives in …

We examine the impact of lost intellectual property protection on innovation, competition, acquisitions, lawsuits and …

This article adopts a marketing perspective to examine how blockchain technology can facilitate innovation by …

We model a key step in the innovation process, hypothesis generation, as the making of predictions over a vast …, they use artificial intelligence (AI) instead. We model innovation as resulting from sequential search over a combinatorial … innovation outcomes of interest - the probability of innovation, expected search duration, and expected profit. We describe …

Understanding factors affecting the direction of innovation is a central aim of research in the economics of innovation … several contexts for research in innovation. We benchmark and demonstrate the benefits of this approach in the context of 44 …

If further decarbonization of electricity systems is to continue, a next generation of innovation in transformative … determinants of innovation in this sector to glean insights on how government may support the development and deployment of these … technologies. We argue that policies that were successful at supporting the first wave of renewables innovation may not be …

What is the role of startups within the innovation ecosystem? Since 2000, startups have grown in their share of … ventures in the innovation process relative to more traditional alternatives such as academia and established private … generate predictions related to the value and impact of startup innovation. We then explore these predictions using patents …