in industries where technological and organizational innovation is important. Indeed a large literature has grown up on … ways they evolve over time. Another domain concerns the nature of competition in such industries, wherein innovation and … briefly flag some fundamental aspects of economic growth and development as an innovation-driven evolutionary process. …

We study the impact of alternative innovation policies on the short- and long-run performance of the economy, as well … consider market-based innovation policies such as R&D subsidies to firms, tax discount on investment, and direct policies akin … allocated to market-based interventions, 'Mission' innovation policies deliver significantly better aggregate performance if the …

We study the impact of alternative innovation policies on the short- and long-run performance of the economy, as well … consider market-based innovation policies such as R&D subsidies to firms, tax discount on investment, and direct policies akin … allocated to market-based interventions, “Mission” innovation policies deliver significantly better aggregate performance if the …

and direction of innovation, but at the same time confined to the role of payer of first and last resort, with dire …