cases policy should favour R&D by incumbents, not outsiders, and that stronger patent protection may reduce innovation and …

positively and complementarily evolve only if the opportunity cost of investing in innovation is sufficiently low. We … innovation outputs. When empirical evidence confirms that this complementarity plays a key role, and consequently strong links … solely to the production of (local) public goods (social capital) or innovation inputs as independent elements of firm …

This paper investigates the connection between resource abundance and innovation, as a transmission mechanism that can …, consumers trade off leisure versus consumption, and firms trade off innovation efforts versus manufacturing. For this model, we … indirectly by inducing a smaller proportion of the labor force to engage in innovation. …

. Under speed-dependent evolution, a patent-based system will fail to target socially optimal innovation size. The overall …

low-quality producers to defend their monopoly position and prevent innovation and entry of high-quality competitors … politician secures re-election by setting high bureaucratic costs and firms invest in network blocking innovation and entry …