Understanding the factors affecting the direction of innovation is a central aim of research in the economics and … strategic management of innovation. Progress on this topic has been inhibited by difficulties in measuring the location and … movement of innovation in ideas space. To date, most efforts at measuring the direction of innovation rely on curated …

produced by climate-economy models while introducing the dimension of uncertainty in innovation ef- forts, without succumbing … evaluating optimal near-term innovation investment portfolios in four key clean energy technologies (solar, biofuels … innovation to improve the performance of these technologies. We employ an IAM (WITCH) which has a fairly rich description of the …

This paper studies the asset pricing implications of technology spillover, an important externality in innovation … firms. These findings highlight the importance of innovation externality on stock returns …

The theorem of not independence of any technological innovation states that in the long run, the behavior and evolution … of any technological innovation is not independent from the behavior and evolution of the other technological innovations … fundamental interactions of physical and social factors. In particular, any technological innovation does not function as an …

This paper analyzes equilibrium, dynamics, and optimal decisions on the factor bias of innovation in a model of induced … innovation. In a model with full employment, we show that (a) if the elasticity of substitution is always less than or greater …, there will be a bias towards excessive labor augmenting innovation, resulting in too high unemployment, with convergence to …

. After linking these ideas to the induced innovation literature of the 1960s and the more recent directed technological …

In this paper, we investigate innovation factors and their role in regional economic performance for a sample of 261 EU … innovation factors on economic performance. The spatial analysis indicates that both regional in- novativeness and regional … Europe. We assessed the impact of innovation factors and their spatial counterparts on economic performance using a spatial …