consistent approach to integrate innovation, space and economic growth into a coherent theoretical framework A potential reason …. To shed some additional light on the spatial dimension of innovation we present results of a first-cut analysis building … on a recently developed cross sectional-time series data set of US innovation, private and university research and high …

across geography. First, medical R&D has a self-limiting effect. Contemporary innovation discourages trial participation and … slows down development necessary for future innovation. Thus, medical R&D suffers increasing costs over time, driven by …, affect the returns to innovation, not only by altering the firm's variable profits, but also by increasing the length and …