In this article we examine the interaction between firms' product and process innovation decisions and the role patent … policy can play in directing technological change toward a socially efficient mix of innovations. Product innovation is a … variant on a pioneer's new product; process innovation improves upon the cost efficiency of production. In a model with …

industrial development in China. Third, we provide evidence on achievements in indigenous innovation—by which we mean …, we sketch out the implications of our approach for current debates on the role of innovation in China’s development path …

enable investment in innovation by business firms. This gaping lacuna is particularly problematic because many of the largest … the productive capabilities of their workforces for the sake of innovation. Based on analyzes of the “financialization” of … and enable corporate investment in innovation, the Biden administration’s program for attaining stable and equitable …