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reforms that would likely increase the rate of innovation and the number of startups due to immigrants in the country. Key …
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In this paper, we assess the economic viability of innovation by producers relative to two increasingly important … alternative models: innovations by single-user individuals or firms and open collaborative innovation. We analyze the design costs … and architectures and communication costs associated with each model. We conclude that both innovation by individual users …
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Using data from a prominent online platform for launching new digital products, we document that the composition of the platform's `beta testers' on the day a new product is launched has a systematic and persistent impact on the venture's success. Specifically, we use word embedding methods to...
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