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

The literature on environmental R&D frequently studies innovation as a two-stage process, with a single R&D event … leading from a conventional polluting technology to a perfectly clean backstop. We allow for uncertainty in innovation in that …

We examine how different renewable energy support policies affect innovation in solar and wind power technologies. The … distinguishing two dimensions of regulation, i.e. design and intensity, and their effects on innovation. The patent data is based on …

Education and Research. The InnoRegio program has been a new tool of innovation policy with the aim to improve innovativeness in … East Germany on the basis of prosperous regional networks. Besides the direct support of networks and innovation activities …

who hire workers in R&D functions to make product innovations. The innovation process consists of distinct phases …

the many margins through which tax policies can affect innovation, the main driver of economic growth in the long …-run. These margins include the impact of tax policy on i) the quantity and quality of innovation; ii) the geographic mobility of … innovation and inventors across U.S. states and countries; iii) the declining business dynamism in the U.S., firm entry, and …