Innovation often takes place in entrepreneurial ecosystems. We use the history of the Silicon Valley venture capital …

); innovation returns are modeled as following an ex ante known probability distribution. By assuming that innovation outcomes are …

); innovation returns are modeled as following an ex ante known probability distribution. By assuming that innovation outcomes are …

cost-efficient, long-term improvements, we identify the school system's capacity for knowledge-enhancing innovation as … considering evidence from regular markets that competition and the presence of for-profit actors should spur innovation. Our … analysis suggests that these factors are necessary but not sufficient conditions for innovation, tracing the obstacles to …

widely recognized that the supply of entrepreneurial talent is likely to be important for economic growth, innovation and job …

Flourishing: How Grassroots Innovation Created Jobs, Challenge, and Change (Princeton University Press, 2013). The book is … laudable for its emphasis on innovation, for its discussion of what constitutes a good life, and Phelps' realization that true … the lack of empirical indicators actually showing that the rate of innovation has dropped are significant weaknesses …