Intellectual property rights are monopoly rights, which have undesirable welfare properties. Therefore, several studies … suggest using rewards as incentives for innovation instead. However, these studies have thus far had little effect on actual …

This essay studies the optimal timing for a firm to adopt a new process innovation in the presence of learning. A …

Asia, have engaged in improving their innovation capability in the economic transition. First, I measured and compared … innovation capability of both countries by using not only various input and output indicators of innovation systems but also the … how both countries developed their innovation capabilities by focusing on their transformation of the national innovation …

recipients' investment is less sensitive to internal liquidity. -- Research and development ; liquidity constraints ; innovation …

importance to the study of the innovation process, only recently research has started to attempt to trace researchers …' intersectoral mobility. When looking for ways to improve the transfers from science to innovation, most of the attention in the … universities to innovation based growth, should take a long-term perspective for developing an industry-science eco …

of highly valued products. In so doing, we suggest an innovation policy framework based on two pillars: (i) the … economy. We argue that the latter area has been overlooked in the policy discussion and that a coherent innovation policy …

Innovation policy involves trading off monopoly output and pricing today in exchange for incentives for firms to …

technological policies of the federal and regional scales. No “breakthroughs” took place in the field of innovation technologies as …

Innovation policy can be a crucial component of governments' responses to crises. Because speed is a paramount … objective, crisis innovation may also require different policy tools than innovation policy in non-crisis times, raising … distinct questions and tradeoffs. In this paper, we survey the U.S. policy response to two crises where innovation was crucial …