which technology transfer occurs. This presence could be in the form of foreign direct investment (FDI), licensing, or …

government provide incentives for innovation in a fiscally sustainable way? We address this question by examining the Ramsey … problem of finding optimal tax and subsidy schemes in a model in which growth is endogenously sustained by risky innovation …. We characterize the shadow value of growth and entry in the innovation sector. We find that a profit tax is required to …

subsidies are then studied as a means to correct for possible under-investment of capital. We study the effect of a patent box … externalities, a bonus pay incentive was found to obtain the social first-best while a patent box or a subsidy to capital investment …A temporary change in pay to employed inventors around the time of patent application has been observed in a number of …

and patent productivity of the respective regional innovation systems (RIS). The empirical analysis is for nine German …

engage in less green R&D investment, patent applications, and research staff. Industries that are heavy emitters and those …Government subsidies are often used to stimulate environment-friendly investment. We find that Chinese firms reduce … green investment as the uncertainty of subsidies rises. This effect is identified from weather-driven fluctuations in air …

equilibrium feedback accounts for the observed comovement between investment and innovation, provides a powerful propagation …We analyze the role of endogenous capital-embodied innovation in macroeconomic dynamics. We first leverage a newly …-goods producers drops during recessions. We then develop a model of lumpy investment with heterogeneous firms and endogenous …