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 …

Industrial Revolution? We argue that Britain possessed an important but underappreciated innovation advantage: British inventors … worked in technologies that were more central within the innovation network. We offer a new approach for measuring the … innovation network using patent data from Britain and France in the late-18th and early-19th century. We show that the network …

the face of what they consider the incoherent era of "pluralism" or "postmodernism" that began in the late twentieth … conspicuous innovation increased, conceptual artists could respond to these incentives more quickly and decisively than their …

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 …

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

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 characterize the contribution of immigrants to US innovation, both through their direct productivity as well as … Number is assigned. We find immigrants represent 16 percent of all US inventors, but produced 23 percent of total innovation … premature inventor deaths, we find that immigrant inventors create especially strong positive externalities on the innovation …

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