externalities but also by innovation market failures. This paper maps the economics literature on innovation market failures and …

Drawing insights from the field of innovation economics, we discuss the likely competitive environment shaping … stifling broad sectoral innovation. We conclude with speculations regarding how this oligopolistic future might be averted …

This paper contributes to the literature on innovation policies and institutional theory on conditions for effective … yield broader implications for organization and innovation …

Worker mobility across firms can enhance innovation by spreading knowledge, but such mobility may also hinder … innovation by making firms reluctant to invest in R&D. A common way that firms limit workers' mobility is with noncompete … agreements (NCAs). We examine how the legal enforceability of NCAs affects innovation, as measured by patenting, using data on …

of low-carbon energy innovation. These include both improvements in physical capital, such as smart grids to aid … document recent trends in energy innovation and discuss the lessons learnt for policy. We then discuss the potential role for … complementary innovation in both physical capital--using smart grids as an example of how policy can help--and human capital, where …