Understanding factors affecting the direction of innovation is a central aim of research in the economics of innovation … machine learning technique, Hierarchical Dirichlet Process (HDP), which flexibly identifies patterns in text corpora. The … several contexts for research in innovation. We benchmark and demonstrate the benefits of this approach in the context of 44 …

, 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 …

disaggregates "R" from "D" to study how US firms adjust their innovation investments in response to an external increase in funding …

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 …

consumer packaged goods markets. We find that mergers lead to a net reduction in the number of products offered by merging …