We model a key step in the innovation process, hypothesis generation, as the making of predictions over a vast …, they use artificial intelligence (AI) instead. We model innovation as resulting from sequential search over a combinatorial … innovation outcomes of interest - the probability of innovation, expected search duration, and expected profit. We describe …

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

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

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 …

, 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 …

-skill intensive and are associated with innovation, as well as with technology adoption, management, and diffusion within firms. Using …