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 …

impediment to corporate innovation. By contrast, without technological spillovers, innovation has the effect of stealing market … share from rivals; in that case, more common ownership reduces innovation. Empirically, the association between common … ownership and innovation inputs and outputs decreases with product market proximity and increases with technology proximity. The …

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

How does firm entry affect innovation incentives and productivity growth in incumbent firms? Micro-data suggests that … threat spurs innovation incentives in sectors close to the technological frontier--successful innovation allows incumbents to … prevent entry. In laggard sectors it discourages innovation--increased entry threat reduces incumbents' expected rents from …

Interest in the role of entrepreneurial entry in innovation raises the question of the extent to which tax policy … innovative entrepreneurs confounds interpreting this specification. Using education as a measure of potential for innovation, we …

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 …