effect on innovation. We develop a simple "trapped factor" model of innovation that is consistent with these empirical …

This paper examines whether there are complementarities between investments in ICT, R&D and organizational innovation … return of 9.7%, followed by 6% to 7% on organizational innovation and a modest 1.4% to 1.8% on R&D in services and …

three important phenomena: (1) the globalization of R&D, (2) the growing importance of software and IT to firm innovation … IT- and software-biased shift in innovation drove US MNCs abroad, and particularly drove them abroad to "new hubs" with … of US multinational R&D has reinforced the technological leadership of US-based firms in the information technology …

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 …

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 …

, 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 …