Inhalt: VORTRÄGE UND ZUSAMMENFASSUNG (Haucap, Justus: Warum erlahmt die Innovationsdynamik in Deutschland? Was ist zu tun? - Schubert, Sascha: Disruptive Geschäftsmodelle und Unternehmensgründungen: Wie viel Nachholbedarf hat Deutschland? - Hoyer, Werner: Eine neue Innovationsagenda für...

"In advanced economies like the United States, innovation has long been recognized as a central force for increasing socioeconomic prosperity and improving human health. Today, U.S. government policy seeks to promote innovation through a suite of mechanisms, from tax credits in the private...

We develop a general equilibrium model with heterogeneous firms à la Melitz (2003), where both the government and firms can invest into R&D to improve the country’s technological potential. A higher technological potential raises the average productivity of firms, thus implying lower consumer...