Economic studies typically underestimate incremental changes in consumer goods and design innovations that enhance allocative efficiency and structural dynamics. This paper assesses over 12,000 innovations by female patentees and participants in industrial fairs and prize-granting institutions...

Prizes for innovations are currently experiencing a renaissance, following their marked decline during the nineteenth century. However, Daguerre's "patent buyout," the longitude prize, inducement prizes for butter substitutes and billiard balls, the activities of the Royal Society of Arts and...

Family firms are typically associated with negative characteristics, including lower tendencies towards innovation, a higher risk of failure, and inefficiencies deriving from nepotism among family members, criticisms which are even greater when the company is handed over to a female relative....

Prizes for innovations are currently experiencing a renaissance, following their marked decline during the nineteenth century. However, Daguerre's “patent buyout,” the longitude prize, inducement prizes for butter substitutes and billiard balls, the activities of the Royal Society of Arts...

Economic studies typically underestimate incremental changes in consumer goods and design innovations that enhance allocative efficiency and structural dynamics. This paper assesses over 12,000 innovations by female patentees and participants in industrial fairs and prize-granting institutions...