Innovation policy involves trading off monopoly output and pricing in the short run in exchange for incentives for …

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 …

that the total current period (static) welfare gains of introducing a process or a product innovation are, on average …

After presenting the history, the evolution and the content of innovation surveys, we discuss the characteristics of … have been made of these data: the construction of scoreboards for monitoring innovation and the scholarly analysis of … various issue related to innovation. In particular we review the questions examined and the results obtained regarding the …

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 … process and product innovation. Both these kinds of innovation have a positive impact on firm's productivity, especially …