The rapid pace of technological change brings with it an active debate about appropriate economic policies regarding research, innovation, and the commercialization of new technology. This annual series, sponsored by the National Bureau of Economic Research, provides a forum to bring the work of...

This annual series, sponsored by the National Bureau of Economic Research, provides a forum for research on the interactions among public policy, the innovation process, and the economy. Discussions cover all types of policy that affect the ability of an economy to achieve scientific and...

This paper provides a systematic examination of the use of a Grand Innovation Prize (GIP) in action – the Progressive Automotive Insurance X PRIZE – a $10 million prize for a highly efficient vehicle. Following a mechanism design approach we define three key dimensions for GIP evaluation:...

This new annual series, sponsored by the National Bureau of Economic Research, will provide a forum for research on the interactions between public policy and the innovation process. Discussions will cover all types of policy that affect the ability of an economy to achieve scientific and...